2009 General Studies, all questions
UPSC Prelims 2009 · General Studies
Question 126: Economy and Social Development
In the context of Indian news in recent times, what is MCX-SX ?
aA kind of supercomputer
bTitle of Moon Impact Probe
cStock exchange
dNuclear-powered submarine
AnswerThe answer is (c).
MCX-SX was the MCX Stock Exchange, a stock exchange promoted by the Multi Commodity Exchange of India, which began trading currency derivatives in 2008. It was later renamed the Metropolitan Stock Exchange of India. It is not a supercomputer, a moon probe or a submarine.
Why each option is right or wrong
- (a) It is not a supercomputer.
- (b) The Moon Impact Probe is a different item in the news.
- (c) Right: MCX-SX is a stock exchange.
- (d) It is not a submarine.
Explanation: written by UPSC Grade, not by UPSC.
Source: UPSC, Civil Services (Preliminary) Examination 2009, General Studies. UPSC's own paper isn't online; the words are from a published compilation. The paper on upsc.gov.in.