Q.Write a short note on OTCEI.

OTCEI is the Over The Counter Exchange of India, a screen-based exchange set up in 1990 for small and medium companies.

Short note (points for a 2-mark answer):

• Full form: OTCEI = Over The Counter Exchange of India.
• Established: It was incorporated in 1990 and started operations in 1992. It is India's first ringless, fully computerised, screen-based stock exchange, meaning trading is done through computers rather than on a physical trading floor.
• Purpose: It was set up mainly to help small and medium-sized companies raise funds by listing their securities, since such companies often could not meet the strict listing requirements of the larger exchanges. …