BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____became first Indian exchange to be designated as Designated Offshore Securities Market (DOSM) by United States Securities and Exchange Commission (US-SEC).
A
Cochin Stock Exchange
B
Bangalore Stock Exchange
C
National Stock Exchange
D
Bombay Stock Exchange
Explanation: 

Detailed explanation-1: -BSE Ltd (earlier known as Bombay Stock Exchange) became first Indian exchange to be designated as Designated Offshore Securities Market (DOSM) by United States Securities and Exchange Commission (US-SEC).

Detailed explanation-2: -Established in 1875, BSE (formerly known as Bombay Stock Exchange), is Asia’s first & the Fastest Stock Exchange in world with the speed of 6 micro seconds and one of India’s leading exchange groups.

Detailed explanation-3: -Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange in Asia, and also the tenth oldest in the world. The BSE is one of the world’s largest stock exchange by market capitalization. BSE Ltd.

Detailed explanation-4: -Bombay Stock Exchange (BSE) is the oldest stock exchange in India. Q. Q. Bombay Stock Exchange (BSE), National Stock Exchange (NSE) are part of the primary market.

Detailed explanation-5: -Investors can trade in equities, currencies, debt instruments, derivatives, and mutual funds on this stock exchange. Additionally, it provides other services like risk management, clearing, settlement, and investor education.

There is 1 question to complete.