Multiple choice

Which of the following stock exchanges has decided to pick up 5% stake in Multi Commodity Exchange of India?

  1. New York Stock Exchange

  2. London Stock Exchange

  3. Tokyo Stock Exchange

  4. Beijing Stock Exchange

  5. None of these
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A Correct answer
Explanation

New York Stock Exchange (NYSE) decided to pick up a 5% stake in Multi Commodity Exchange of India (MCX) in 2008. This was part of NYSE's strategy to expand its presence in emerging markets and the commodity derivatives space.

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