In the context of Indian news in recent times, what is MCX-SX?
- AA kind of supercomputer
- BTitle of Moon Impact Probe
- CStock exchangeCorrect
- DNuclear-powered submarine
Explanation
MCX-SX stands for Metropolitan Stock Exchange of India Limited, formerly known as the MCX Stock Exchange. It was founded by Financial Technologies India Limited and originally focused on currency derivatives before expanding into a full fledged stock exchange. It received approval from the Securities and Exchange Board of India to operate in segments such as equity, debt, and derivatives, placing it in the same category as the National Stock Exchange and Bombay Stock Exchange. This explains why it is identified as a stock exchange in the context of Indian financial news.
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