Current Affairs · IFSC GIFT City
Consider the following statements regarding India INX at GIFT City: 1. India INX is India's first international stock exchange established in the GIFT IFSC. 2. It offers trading in major global indices and Sensex derivatives denominated in US dollars. 3. Non-resident investors trading derivatives in the IFSC are generally exempted from capital gains tax. 4. All contracts listed on international exchanges in GIFT IFSC must be physically settled in Indian rupees. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, and 4 only
- 21, 3, and 4 only
- 32 and 4 only
- 41, 2, and 3 only✓
Correct answer
1, 2, and 3 only
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