An indirect commodity refers to goods that are not traded directly but are instead represented through financial instruments, such as futures contracts or exchange-traded funds (ETFs). These commodities typically involve underlying assets, such as agricultural products, metals, or energy resources, that can be affected by various market factors. Investors may use indirect commodities to gain exposure to price movements without physically holding the commodity itself. This approach can provide diversification and liquidity while mitigating some risks associated with direct ownership.
The population of Commodity Broking Services is 2,007.
indirect customers
MCX is Multi Commodity Exchange of India Ltd. and NCDEX is National Commodity & Derivates Exchange Limited. MCX is an exchange for electronic commodity trading, while NCDEX is an online trading platform for multi-commodities.
Forms of commodity stocks can include mineral fuel commodities, e.g. oil. Other stocks deal with precious metal, pharmaceutical products or electronic equipment.
An investor who owns a mutual fund or ETF which itself, in turn, owns common stock can be said to be an indirect shareholder.
Money:-A value that serves as a generally accepted medium of exchange. Money have indirect utility. Money cannot be pinpointed or specified.Commodity:-A reasonable homogeneous good or material that can bought and sold freely. The commodity have direct utility. The commodity can be pinpointed or specified.
Citizens of a country are charged certain levies indirectly, commonly known as indirect taxes. These are the taxes payable on an activity or a commodity. Some common examples of indirect taxes are sales tax and excise tax.
the supply curve will fall if heavy indirect taxes are imposed. A price will worsen the burden of suppliers which force them to cut the supply of goods.
Study island: It is a regressive tax. Citizens of a country are charged certain levies indirectly, commonly known as indirect taxes. These are the taxes payable on an activity or a commodity. Some common examples of indirect taxes are sales tax and excise tax.
Shifting of tax burden commodity taxasation In indirect taxes, the ability of tax payer is indirectly determined. the tax payer dose not percive adirect pinch while paying indirect taxes. indirect taxes are easier to collect and greater amount of of generation of revenue is assured as tax evasion is comparitively less in the case of organised sector. tax imposed on goods directly affects the price of goods.
Oil is that commodity.
When the demand for a commodity is inelastic, consumers bear a greater burden of the indirect tax. This is because inelastic demand means that consumers are less responsive to price changes; they will continue to buy nearly the same quantity even as prices rise due to the tax. Producers may be able to pass on most or all of the tax to consumers in the form of higher prices, resulting in a larger share of the tax burden falling on the consumers.
commodity
Yes oil is a commodity....
Buying a commodity.
Importance of commodity exchange
National commodity exchange situated in Mumbai. Also Multi Commodity Exchange are in mumbai and National Multi Commodity Exchange situated in Ahmedabad. National commodity exchange situated in Mumbai. Also Multi Commodity Exchange are in mumbai and National Multi Commodity Exchange situated in Ahmedabad.