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
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A Correct answer
Explanation

The New York Stock Exchange (NYSE) acquired a 5% stake in the Multi Commodity Exchange of India (MCX) in 2008. This was a strategic move to gain exposure to the growing Indian commodity market.

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