The correct answer is: A. NASDAQ
The Over-the-Counter Exchange of India (OTCEI) was started in 1992, after the role model of the National Association of Securities Dealers Automated Quotations (NASDAQ). NASDAQ is an American stock exchange that is owned and operated by Nasdaq, Inc. It is the second-largest stock exchange in the United States by market capitalization, after the New York Stock Exchange (NYSE). NASDAQ is a market for stocks of smaller companies, while the NYSE is a market for stocks of larger companies.
The OTCEI was started to provide a trading platform for small and medium-sized companies that were not listed on the BSE or the NSE. The OTCEI is a fully electronic exchange, and it uses a system called the National Stock Exchange Automated Trading System (NSEATS) to match buyers and sellers.
The OTCEI has been successful in providing a trading platform for small and medium-sized companies. In 2012, the OTCEI merged with the National Stock Exchange of India (NSE) to form the National Stock Exchange of India Limited (NSE). The NSE is now the largest stock exchange in India.
The following are the other options in the question:
- B. JASAQ: The Japan Securities Dealers Automated Quotations (JASDAQ) is a stock exchange in Japan. It is the second-largest stock exchange in Japan by market capitalization, after the Tokyo Stock Exchange (TSE). JASDAQ is a market for stocks of smaller companies, while the TSE is a market for stocks of larger companies.
- C. NASDAQ& JASDAQ: This is not a valid option.
- D. NSE: The National Stock Exchange of India (NSE) is a stock exchange in India. It is the largest stock exchange in India by market capitalization. The NSE was founded in 1992, and it is a fully electronic exchange. The NSE uses a system called the National Stock Exchange Automated Trading System (NSEATS) to match buyers and sellers.