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Question

OTC Exchange of India was incorporated in ____.

A
1990
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B
1991
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C
1992
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D
1993
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Solution

The correct option is A 1990
OTC Exchange of India was incorporated in 1990. OTCEI was set up to provide small and medium companies an access to capital market for raising finance. OCTCEI is advantageous to the company because it provides methods of raising funds through capital market instruments which are priced fairly.

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