Q. The India International Exchange Limited (India INX), that was seen in news recently, is a subsidiary of which Indian stock exchange?
Answer:
Bombay Stock Exchange (BSE)
Notes: India International Exchange Limited (India INX) is India's first international stock exchange located in Gujarat International Finance Tec-City (GIFT) city and is a subsidiary of Bombay Stock Exchange (BSE).
Recently the Union Finance Minister launched INR-USD futures and options contracts on the two international exchanges -- BSE’s India INX and NSE’s NSE-IFSC, at GIFT city, Gandhinagar. This decision of allowing rupee derivatives will bring the rupee trading to our country, which are presently dominated by exchanges in Dubai and Singapore.