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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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