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UPSC 2006: What is IndoNext which was launched in January, 2005?
(a)A new scheme to promote Indian tourism
(b)A new scheme to promote export of Indian handicrafts
(c)An association of the Non-Resident Indians to organize Pravasi Bharatiya Divas every year in India
(d)An alternative trading platform being promoted by the Bombay Stock Exchange and Regional Stock Exchanges
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Not attemptedCorrect Answer: (d) An alternative trading platform being promoted by the Bombay Stock Exchange and Regional Stock Exchanges
IndoNext, inaugurated on 7 January 2005, is a joint initiative of the Bombay Stock Exchange and participating Regional Stock Exchanges to provide an alternative national trading platform—especially for small- and mid-cap companies. It is not related to tourism, handicrafts, or NRI events. ([business-standard.com](https://www.business-standard.com/article/economy-policy/chidambaram-inaugurates-bse-indonext-105010700011_1.html?utm_source=openai))
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What is the correct answer to this UPSC 2006 Indian Economy question?▼
The correct answer is option (d): An alternative trading platform being promoted by the Bombay Stock Exchange and Regional Stock Exchanges. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Financial Markets & Capital Markets question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2006, GS Paper 1, as Question 27. It falls under Indian Economy > Financial Markets & Capital Markets.
What is the difficulty level of this UPSC question?▼
This question is rated "easy". It tests basic recall and most well-prepared aspirants should answer it correctly.
How many UPSC Prelims questions have been asked from Financial Markets & Capital Markets?▼
UPSC has asked 39 questions from Financial Markets & Capital Markets (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.