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    Question

    Consider the following statements: 1. India

    International Exchange Limited (India INX) is India's first international exchange. 2. It is a subsidiary of the National Stock Exchange (NSE). Which of the statements given above is/are correct?
    A 1 only Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C Both 1 and 2 Correct Answer Incorrect Answer
    D Neither 1 nor 2 Correct Answer Incorrect Answer

    Solution

    India International Exchange (IFSC) Limited (India INX) is India’s first international exchange in International Financial Services Centre (IFSC) located at the Gujarat International Finance-Tec City (GIFT City). India INX is a wholly owned subsidiary of BSE Limited .

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