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    Question

    The IIBX – India’s first international

    bullion exchange has been set up at _________
    A Mumbai Correct Answer Incorrect Answer
    B Trivandrum Correct Answer Incorrect Answer
    C Kochi Correct Answer Incorrect Answer
    D Gandhinagar Correct Answer Incorrect Answer
    E Surat Correct Answer Incorrect Answer

    Solution

    IIBX is India’s first International Bullion Exchange set up at International Financial Services Center (IFSC) at GIFT City in Gandhinagar, Gujarat. Its establishment was announced by the government in Budget 2020 and was inaugurated on July 29, 2022. The IIBX is expected to pave the way for India’s larger role as a global price-setter for bullion.

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