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Commodity

NCDEXRAIN

Welcome to our class on finance related terms. Today, we will be discussing NCDEXRAIN, a rainfall index used by the National Commodity and Derivatives Exchange. This index measures the percentage of cumulative normal expected rainfall, based on average actual rainfall from the Colaba and Santa Cruz weather stations in Mumbai. It provides valuable insights into the current weather conditions, which can have a significant impact on the agricultural and financial markets. Let's dive deeper into this important concept.

NNP

(NNP) is a measure of a country's economic performance that takes into account both the total value of goods and services produced within a nation's borders and the income ea...

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F.A.O

(FAO) is a specialized agency of the United Nations that leads international efforts to defeat hunger. The Food and Agriculture Organisation (FAO) is a specialized agency of...

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IFFCO

The Indian Farmers Fertiliser Cooperative Limited, commonly known as IFFCO, is a leading cooperative society in India that specializes in providing quality fertilizers to fa...

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AGDP

The Agricultural Gross Domestic Product is a key economic indicator that measures the total value of all goods and services produced within a country's agricultural sector. ...

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