ECONOMICS (CBSE/UGC NET)

ECONOMICS

FINANCIAL MARKETS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
the national stock exchange of India was recognised as stock exchange in the year:
A
1992
B
1994
C
1995
D
1993
Explanation: 

Detailed explanation-1: -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-2: -The National Stock Exchange (NSE) is the leading stock exchange in India and the fourth largest in the world by equity trading volume in 2015, according to World Federation of Exchanges (WFE). NSE was the first exchange in India to implement electronic or screen-based trading.

Detailed explanation-3: -Bombay Stock Exchange (BSE) is the oldest stock exchange in India. Q. Q. Bombay Stock Exchange (BSE), National Stock Exchange (NSE) are part of the primary market.

Detailed explanation-4: -In India, there are 23 stock exchanges. Two of them are national stock exchanges, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The final 21 are regional stock exchanges (RSEs).

There is 1 question to complete.