Explanation:

Statement 1 and 2: India-INX is India’s first international exchange at IFSC Gujarat International Financial Tech (GIFT) City, Gandhinagar. It is wholly-owned subsidiary of Bombay Stock Exchange (BSE), through its global bourse. It is one of world’s most advanced and fastest trading technology platforms with turn-around time of 4 micro seconds. It trades in equity derivatives, currency derivatives, commodity derivatives including Index and Stocks. It also offers depository receipts and bonds. Its vision is "Emerge as the leading International Exchange with best-in-class global practice in technology, products innovation and customer service."

Statement 3: The exchange being located in IFSC, GIFT City, provides competitive advantage in terms of  tax structure and supportive regulatory framework. These include benefits in security transaction tax, commodity transaction tax, dividend distribution tax and long-term capital gain tax waivers and no income tax.

Statement 4: Following the International trading timings, this unique stock exchange will start when trading at Japanese stock exchange starts, and will end when US stock exchange stops, from sunrise to sunset. So, it operates for 22 hours a day allowing international investors and NRIs to trade from anywhere across globe.