India – Mauritius ink deal over stock exchanges

Agreement between India and Mauritius Stock Exchange

Ques: September 3, 2015, The National Stock Exchange of India (NSE) has signed a memorandum of understanding (MoU) with-

a. Stock Exchange of Mauritius
b. Tokyo Stock Exchange
c. Singapore Stock Exchange
d. None of the above

Ans: a

Related facts:

  • 3 September, 2015, The National Stock Exchange of India (NSE) has signed a memorandum of understanding (MoU) with the Stock Exchange of Mauritius (SEM).
  • The objectives of the tie-up was to foster a deeper and more strategic relationship between the two institutions, facilitating the development of channels for knowledge sharing and developing mutual synergies for the growth and development of SEM and NSE.
  • The areas of co-operation under the MoU will encompass education, training and knowledge transfer in securities markets, product development and indices creation as well as capacity development in the field of surveillance and investigation.

Reference:

http://www.ianslive.in/index.php?param=news/India_Mauritius_ink_deal_over_stock_exchanges-487503/BUSINESS/5
http://www.business-standard.com/article/news-ians/india-mauritius-ink-deal-over-stock-exchanges-115090300579_1.html
http://www.ibn7.com/business/item/114974-india-mauritius-ink-deal-over-stock-exchanges
http://www.livehindustan.com/news/business/businessnews/article1-Indiathe-National-Stock-ExchangeMauritius-MoUsigned-45-45-493146.html/