Ramesh Abhishek appointed as FMC chairman

Sep 25, 2012, 14:57 IST

India Current Affairs September 2012. An IAS Officer of 1982 Batch Bihar Cadre, Ramesh Abhishek on 24 September 2012 was appointed to be the Chairman of Forward Markets Commission (FMC)

An IAS Officer of 1982 Batch Bihar Cadre, Ramesh Abhishek on 24 September 2012 was appointed to be the Chairman of Forward Markets Commission (FMC). His pay-scale and rank has been elevated to that of the additional secretary and FMC Chief respectively.

Forward Markets Commission (FMC)

With its headquarters at Mumbai, Forward Markets Commission (FMC) is a regulatory authority established under the Forward Contracts (Regulation) Act 1952. The body is responsible for taking care of forward and future markets of India and is a part of Ministry of Consumer Affairs, Food and Public Distribution.

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