CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who signs Cooperation agreement with Egyptian Exchange?
A
Bombay Stock Exchange (BSE)
B
National Institute of Financial Management
C
Financial Management Advisory Services
D
Financial management of India
Explanation: 

Detailed explanation-1: -Presently, the chairman of the Egyptian Exchange is Mohamed Farid. Transactions taking place in the stock exchange is not subject to capital gain tax.

Detailed explanation-2: -Political Relations Both countries have cooperated closely in multilateral fora and were the founding members of Non-Aligned Movement. The year 2022 is of particular significance since it marks the 75th anniversary of diplomatic relation between India and Egypt.

Detailed explanation-3: -The Egyptian Exchange (EGX) was first established in 1883 as the Alexandria Stock Exchange, and eventually merged with the stock exchange in Cairo.

Detailed explanation-4: -Egypt and the United States signed a Bilateral Investment Treaty in 1986 to promote and facilitate investment between our countries. Egypt and the United States have signed a trade and investment framework agreement, a step toward creating freer trade and increasing investment flows.

There is 1 question to complete.