CURRENT AFFAIRS

2021

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Where does NSE India has planned to set up a market infrastructure institution consisting of an IBX?

A	Maharashtra
B	Gujarat
C	Assam
D	Delhi

Explanation:

Detailed explanation-1: -Its objective is to be a world-class exchange and use it as an instrument of change for the industry as a whole. NSE was incorporated in 1992 and was given recognition as a stock exchange in April 1993. It started operations in June 1994, with trading on the Whole sale Debt Market Segment.

Detailed explanation-2: -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-3: -National Stock Exchange of India Ltd. Mumbai - 400 051.

Detailed explanation-4: -National Stock Exchange of India Limited (NSE) is one of the leading stock exchanges in India, based in Mumbai. It is the world’s largest derivatives exchange by number of contracts traded and the fourth largest in cash equities by number of trades for the calendar year 2021.

There is 1 question to complete.