CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Bombay Stock Exchange Ltd (BSE) and _________ have got SEBI approval to launch commodity derivatives trading from 1 October, 2018.
A
Ahmedabad Stock Exchange Ltd.
B
National Stock Exchange of India Ltd (NSE)
C
Magadh Stock Exchange Ltd.
D
Calcutta Stock Exchange Ltd.
Explanation: 

Detailed explanation-1: -We launched the Derivatives contracts on the popular benchmark Nifty 50 Index in June 2000.

Detailed explanation-2: -There are 23 stock exchanges in India. Among them, two are national-level stock exchanges namely Bombay Stock exchange (BSE) and National Stock Exchange (NSE).

Detailed explanation-3: -NSE was incorporated in 1992. It was recognised as a stock exchange by SEBI in April 1993 and commenced operations in 1994 with the launch of the wholesale debt market, followed shortly after by the launch of the cash market segment.

Detailed explanation-4: -BSE, the first ever stock exchange in Asia established in 1875 and the first in the country to be granted permanent recognition under the Securities Contract Regulation Act, 1956, has had an interesting rise to prominence over the past 143 years.

There is 1 question to complete.