BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rise in prices of all companies belonging to U.K.
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Overall rise in prices of shares of companies registered in BSE.
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Overall rise in prices of shares of companies registered in NSE.
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Rise in prices of shares of companies of America.
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Detailed explanation-1: -For investors, Sensex acts as a proxy for the Indian stock markets. In simpler terms, If the Sensex value increases it means that there is a general increase in the prices of shares.
Detailed explanation-2: -an overall rise in prices of shares of group of companies registered with Bombay Stock Exchange.
Detailed explanation-3: -The base period of S&P BSE SENSEX® is 1978-79 and the base value is 100 index points. This is often indicated by the notation 1978-79=100. The calculation of S&P BSE SENSEX® involves dividing the Free-float market capitalization of 30 companies in the Index by a number called the Index Divisor.
Detailed explanation-4: -The formula for Sensex = (Free float market capitalisation of 30 companies / Base market capitalisation) x Base value of the index. Once the free-float market capitalisation is estimated as above.
Detailed explanation-5: -The Sensex is an index that reflects the Bombay Stock Exchange (BSE). The Sensex Index comprises 30 stocks on BSE. These stocks are the largest and most actively traded stocks on the BSE.