Step 1: Understand the stock exchanges in India.
India has several stock exchanges where securities and commodities are traded. The major stock exchanges include the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Step 2: Evaluate the options.
- The correct number of recognized stock exchanges in India is 23, including regional exchanges and commodity exchanges.
- The number of stock exchanges fluctuates over time, with some becoming inactive or merged.
Step 3: Conclude.
The current number of stock exchanges in India is 23.
Final Answer:
\[
\boxed{23}
\]