Question

    Which State Petroleum Corporation (GSPC) has  signed a memorandum of understanding with the Indian Gas Exchange (IGX) to establish a global hydrogen trading mechanism in collaboration with GIFT City IFSC ?

    A Gujarat Correct Answer Incorrect Answer
    B Tamil Nadu Correct Answer Incorrect Answer
    C Odisha Correct Answer Incorrect Answer
    D Mumbai Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Indian Gas Exchange (IGX) and Gujarat State Petroleum Corporation (GSPC) signed a memorandum of understanding to establish a global hydrogen trading mechanism in collaboration with GIFT City IFSC. GSPC, along with IGX, will develop a mechanism to create an index for hydrogen and will attract global institutions to trade in IFSC.

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