BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The sensitive Index of National Stock Exchange of India is popularly known as
A
Sensex
B
CRIS
C
Nifty
D
CSE
Explanation: 

Detailed explanation-1: -It is one of the world’s largest stock exchange by market capitalization. NSE’s flagship index, the NIFTY 50, a 50 stock index is used extensively by investors in India and around the world as a barometer of the Indian capital market. The NIFTY 50 index was launched in 1996 by NSE.

Detailed explanation-2: -Sensex which is derived from Sensitive and Index is an equity benchmark index for the Indian Equity Market. It is one of the two major stock indices in India. Officially known as S&P BSE Sensex, it is operated by Bombay Stock Exchange (popularly known as BSE). Sensex was introduced by NSE on January 1, 1986.

Detailed explanation-3: -Nifty is an abbreviation of National Stock Exchange Fifty, it is the broad index of National Stock Exchange (NSE).

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