📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    India INX, an IFSC-based exchange, signed a cooperation

    agreement with Luxembourg Stock Exchange with an aim of ______________.
    A enhancing the visibility of listed Indian securities towards international investors Correct Answer Incorrect Answer
    B advancing green finance in India Correct Answer Incorrect Answer
    C Both a & b Correct Answer Incorrect Answer
    D Establishing a powerful entity to offer a substitute of the NYSE Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    India INX, an IFSC-based exchange, signed a cooperation agreement with Luxembourg Stock Exchange on June 01, 2022. The two exchanges will endeavour to enhance the visibility of listed Indian securities towards international investors by facilitating the admission of such securities listed on LuxSE. The Agreement builds on the Memorandum of Understanding signed between the two institutions in November 2020, which focuses on advancing green finance in India. The green corridor opportunity established with this dual listing cooperation agreement between India INX and LuxSE will go a long way in attracting more issuers from India and the region and provides access to green capital from international investors.

    Practice Next
    More Banking System in India Questions
    ask-question