Optimize IAS
  • Home
  • About Us
  • Free Initiatives
    • Daily Practice Sheets
    • Daily Prelims Notes
    • Prelims Power Play
    • Mains Factly
    • Sunday Essay Sadhna
  • Courses
    • Mains Master Notes
    • Prelims Test Series
      • Laqshya 2024
    • Integrated Guidance 2024
      • ARJUNA PRIME 2024
    • Daily Answer Writing
  • Downloads
    • Important Topics List for Prelims 2023
    • Daily Prelims Notes Compilation
    • Daily Practice Sheet Compilation
    • PPP Compilation
    • PSIR Notes
    • General Studies Notes
    • UPSC Mains Previous Year Papers
  • Portal Login
  • Home
  • About Us
  • Free Initiatives
    • Daily Practice Sheets
    • Daily Prelims Notes
    • Prelims Power Play
    • Mains Factly
    • Sunday Essay Sadhna
  • Courses
    • Mains Master Notes
    • Prelims Test Series
      • Laqshya 2024
    • Integrated Guidance 2024
      • ARJUNA PRIME 2024
    • Daily Answer Writing
  • Downloads
    • Important Topics List for Prelims 2023
    • Daily Prelims Notes Compilation
    • Daily Practice Sheet Compilation
    • PPP Compilation
    • PSIR Notes
    • General Studies Notes
    • UPSC Mains Previous Year Papers
  • Portal Login

NSE IFSC-NSE International Exchange

  • April 23, 2022
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
No Comments
Print Friendly, PDF & Email

 

 

NSE IFSC-NSE International Exchange

Subject: Economy

Section: Capital Market

NSE IFSC is launching an international sustainability platform, a first-of-its-kind ESG platform in India, at GIFT IFSC.

Details:

The platform will facilitate the listing and trading of a variety of sustainability products including green bonds, voluntary carbon, sustainable bonds, green RE-ITs and green equity, and channelise the flow of sustainable finance to India and other markets.

Locating it in GIFT City will facilitate international investors to participate in environment, social and governance (ESG) transitions in India and other markets.

The platform will use distributed ledger technology (DLT) or blockchain to ensure integrity, speed, tracking and traceability of transactions.

NSE IFSC-NSE International Exchange

NSE IFSC Limited (NSE International Exchange) incorporated on November 29, 2016 by the Registrar of Companies, Gujarat. It is a fully owned subsidiary company of National Stock Exchange of India Limited (NSE) and has received approval from Securities and Exchange Board of India (SEBI) to establish an international exchange in Gujarat International Finance Tech City (GIFT) – International Financial Service Centre (IFSC) Gandhinagar. GIFT city.

Benefits:

Exchange and Financial Services units located in GIFT IFSC are offered competitive tax structure and facilitative regulatory framework. The benefits include exemptions from security transaction tax, commodity transaction tax, dividend distribution tax, capital gain tax waivers and no income tax.

Stock exchanges operating in the GIFT IFSC are permitted to offer trading in securities in any currency other than the Indian rupee. Subject to SEBI/IFSCA approval, trading is permitted in equity shares of companies incorporated outside of India, depository receipts, debt securities of eligible issuers, currency, index, interest rate and non-agriculture commodity derivatives and all categories of exchange traded products that are available for trading in stock exchanges in FATF/ IOSCO complaint jurisdiction.

What Is Blockchain Technology?

Blockchain technology is a structure that stores transactional records, also known as the block, of the public in several databases, known as the “chain,” in a network connected through peer-to-peer nodes. Typically, this storage is referred to as a ‘digital ledger.’ Every transaction in this ledger is authorized by the digital signature of the owner, which authenticates the transaction and safeguards it from tampering. Hence, the information the digital ledger contains is highly secure.

In simpler words, the digital ledger is like a Google spreadsheet shared among numerous computers in a network, in which the transactional records are stored based on actual purchases.

Blockchain is a combination of three leading technologies:

  • Cryptographic keys-It consist of two keys – Private key and Public key. These keys help in performing successful transactions between two parties. Each individual has these two keys, which they use to produce a secure digital identity reference. This secured identity is the most important aspect of Blockchain technology. In the world of cryptocurrency, this identity is referred to as ‘digital signature’ and is used for authorizing and controlling transactions.
  • A peer-to-peer network containing a shared ledger-The digital signature is merged with the peer-to-peer network; a large number of individuals who act as authorities use the digital signature in order to reach a consensus on transactions, among other issues. When they authorize a deal, it is certified by a mathematical verification, which results in a successful secured transaction between the two network-connected parties. So to sum it up, Blockchain users employ cryptography keys to perform different types of digital interactions over the peer-to-peer network.
  • A means of computing, to store the transactions and records of the network
economy NSE IFSC-NSE International Exchange
Print Friendly, PDF & Email

Recent Posts

  • Daily Practice Sheet 2 October 2023 October 2, 2023
  • What is driving India’s students to suicide? How can it be prevented? October 2, 2023
  • Discuss the relevance of Gandhian Ethics. October 2, 2023
  • What is evergreen of patent? Is it allowed in Indian patent law? Discuss in context of recent issue of Bedaquiline October 2, 2023
  • Green Revolution hurtled India into an environmental crisis. Discuss October 2, 2023
  • The recent data from the Reserve Bank of India show that the net financial savings rate of households has slumped. Discuss implications October 2, 2023
  • Discuss the need to move away from women’s development to women led development. October 2, 2023
  • In what way did Mahatma Gandhi transform the nature of Indian freedom struggle? Discuss October 2, 2023
  • Discuss the contribution of Mahatma Gandhi to India’s freedom struggle movement focusing upon his novel strategies and values October 2, 2023
  • Oil firms raise ATF and commercial LPG prices October 2, 2023

About

If IAS is your destination, begin your journey with Optimize IAS.

Hi There, I am Santosh I have the unique distinction of clearing all 6 UPSC CSE Prelims with huge margins.

I mastered the art of clearing UPSC CSE Prelims and in the process devised an unbeatable strategy to ace Prelims which many students struggle to do.

Free Initiatives

  • Daily Practice Sheets
  • Daily Prelims Notes
  • Mains Factly
  • Prelims Power Play
  • Sunday Essay Sadhna

My Proven Strategy

  • Interview Strategy
  • Mains Strategy
  • Motivational
  • Prelims Strategy

Contact us

moc.saiezimitpo@tcatnoc

For More Details

Work with Us

Connect With Me

Santosh Pandey Quora Santosh Sir Telegram Santosh Sir Youtube Optimize IAS Instagram

Course Portal
Search