India (IAST), also called the Republic of India (IAST), is a country in South Asia.

It is the seventh-largest country by area, the second-most populous country (with over 1.2 billion people), and the most populous democracy in the world.

It is bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast.

It shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the northeast; and Bangladesh and Myanmar to the east.

In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives.

India's Andaman and Nicobar Islands share a maritime border with Thailand and Indonesia.

The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies.

This market determines the foreign exchange rate.

It includes all aspects of buying, selling and exchanging currencies at current or determined prices.

In terms of trading volume, it is by far the largest market in the world, followed by the Credit market.

The Bombay Stock Exchange (BSE) is an Indian stock exchange located at Dalal Street, Mumbai (formerly Bombay).

A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.

These investors may be retail or institutional in nature.

The National Stock Exchange of India Limited (NSE) is the leading stock exchange of India, located in Mumbai.

The NSE was established in 1992 as the first demutualized electronic exchange in the country.

NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country.

Vikram Limaye is Managing Director & Chief Executive Officer (MD & CEO) of NSE.