Which of the following becomes the First Indian Exchanges to Sign MoU With Moscow Exchange?
Options
A. BSE and India INX
B. NSE and BSE
C. Ahmedabad Stock Exchange and India INX
D. Madras Stock Exchange and NSE
Correct Answer
BSE and India INX
Explanation
BSE (earlier known as Bombay Stock Exchange) and India International Exchange (India INX) have signed a memorandum of understanding with Moscow Exchange (MOEX) to connect investor community and companies in both countries besides allowing a capital formation platform. BSE and India INX are the first Indian exchanges to enter into the MoU with Moscow exchange. The exchange companies have agreed to the secondment of senior personnel to enhance understanding of activities in each other's market.
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