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Commodity

MSCCGMF

Limited, or MAFCO, is a co-operative society that deals with the marketing of cotton. Welcome to our lesson on MAFCO, the Maharashtra State Co-operative Cotton Growers Marketing Federation Limited. As the name suggests, it is a cooperative society that specializes in the marketing of cotton. This means that it helps cotton growers in Maharashtra state to sell their produce in an organized and efficient manner. Co-operative societies like MAFCO play a crucial role in the agricultural industry by ensuring fair prices and stable markets for farmers. Let's dive deeper into the functions and significance of MAFCO in the world of finance.

Commodity Pool

The pool is managed by a professional trader or a commodity pool operator, who makes investment decisions on behalf of the investors. Investors are required to contribute a c...

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Warehouse Receipt

It is issued by the warehouse operator on behalf of the owner of the goods, and serves as proof of ownership and a negotiable instrument in financial transactions. A Wareh...

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Beneficiary Account

A beneficiary account, much like a bank account, is a Demat account that can be held by an individual or a corporate entity. It can also be held jointly by multiple parties,...

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Unique Client Code

Exchange members are assigned a unique code that contains information about their clients. This code provides comprehensive details about the clients, allowing members to ha...

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