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In which state India’s first international exchange INX was inaugurated at International Financial Services Centre (IFSC)?

  • A.Maharashtra
  • B.Gujarat
  • C.Hyderabad
  • D.Bangalore

Answer: B

Correct answer: Gujarat

India INX, the country’s first international exchange, was inaugurated in January 2017 at GIFT City, Gandhinagar, in Gujarat. It is a subsidiary of BSE and sits inside the International Financial Services Centre, which is treated for regulatory purposes as offshore.

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