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Question

OTCEI was started on the lines of

(a) NASDAQ

(b) NYSE

(c) NASAQ

(d) NSE

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Solution

OTCEI (Over the Counter Exchange of India) was incorporated in the year 1990 on the lines of NASDAQ which is the OTC in USA. OTCEI is a fully computerised and transparent stock exchange. It was established with the objective of addressing the needs of small companies and helps in maintaining the liquidity of their securities.


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