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Question

OTCEI is _________________.

A
Atomic Submarine of China
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B
Economic Policy of USA
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C
An Indian Share Market
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D
A Defence Research Organisation
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Solution

The correct option is B An Indian Share Market
OTCEI was incorporated in 19901990 as a Section 2525 company under the Companies Act 19561956 and is recognised as a stock exchange under Section 44 of the Securities Contracts Regulation Act, 19561956.
The Exchange was set up to aid enterprising promoters in raising finance for new projects in a cost-effective manner and to provide investors with a transparent and efficient mode of trading.
OTCEI (Over the counter exchange of India) is based in Mumbai. It is India's first exchange for small companies as well as first screen based nationwide stock exchange in India.
Founded: 19901990
Chairman: S.C. Bhargava.

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