CURRENT AFFAIRS

Detailed explanation-1: -Kolkata had become the first Indian metro to get a floating market. The market will be located on a water-body with boats doubling up as shops. It was inaugurated by West Bengal Chief Minister Mamata Banerjee on January 24, 2018.

Detailed explanation-2: -BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. 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.

Detailed explanation-3: -A floating market exists in Srinagar in Jammu and Kashmir on the Dal Lake that operates daily, with vendors selling produce grown on the banks of the lake.

Detailed explanation-4: -History of Floating Markets Apart from being the central places for food trading, the markets were also used for social meetings and cultural celebrations. However, many floating markets disappeared during the 1950s and 1960s because of road development and the introduction of the automobile (Pongajarn et al., 2018).

Detailed explanation-5: -floating market (plural floating markets) A market where goods are sold from boats, chiefly found in Southeast and South Asia.