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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