OTCEI was started on the lines of (a) NASDAQ (b) NYSE (c) NASAQ (d) NSE

+1 vote
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asked Jan 13, 2018 in Business Studies by Annu Priya (18,055 points) 24 46 95

OTCEI was started on the lines of

(a) NASDAQ

(b) NYSE

(c) NASAQ

(d) NSE

1 Answer

+1 vote
answered Jan 13, 2018 by Annu Priya (18,055 points) 24 46 95
 
Best answer

(a) 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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