Question
The IIBX – India’s first international bullion exchange has been set up at _________
Solution
IIBX is India’s first International Bullion Exchange set up at International Financial Services Center (IFSC) at GIFT City in Gandhinagar, Gujarat. Its establishment was announced by the government in Budget 2020 and was inaugurated on July 29, 2022. The IIBX is expected to pave the way for India’s larger role as a global price-setter for bullion.
More Alternate Sources of Finance Questions
- In India, the interest rate on savings accounts in all the nationalized commercial banks is fixed by :
- How many international credit rating agencies’ ratings have been allowed by RBI to be used by banks for the purposes of risk weighting their claims for cap...
- Mr. X bought a bond at 1000 at a 10% coupon rate. But he intends to sell the bond after a year to Mr. Y. Mr. Y purchased the bond at 986. At the end of the...
- Which reference rate is likely to get scrapped completely by the end of year 2021?
- What is the maximum subsidy for ZED-certified MSMEs under the handholding support?
- The way total output changes due to change in all inputs in same proportion is known as law of;
- What is Interoperability in connection with trades executed at Stock Exchanges?
- What is a key consideration when planning the layout of office space?
- Calculate the Return on Capital employed of JKL Ltd based on given information?
- ________ determines the extent of centralisation and dispersion of authority in the organisation. It depends on the philosophy and perception of individual...
