Google News
logo
Current Affairs - 2019
Who has approved Singapore Stock Exchange and National Stock Exchange of India Ltd to operate jointly in GIFT city?
A)
Ministry of Corporate Affairs
B)
Ministry of Finance
C)
SEBI
D)
SIDBI

Correct Answer :   SEBI


Securities and Exchange Board of India has approved Singapore Stock Exchange and National Stock Exchange of India Ltd to operate jointly in Gujarat International Finance Tec-City, Gandhinagar. The two entities will create a new platform for trading called NSE International Financial Service Centre (IFSC)-SGX Connect. The new platform will allow trading in Nifty index derivatives, as well as single-stock derivatives of Nifty's 50 constituent.

Published On : July 13, 2021
Advertisement