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.
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