ECONOMICS (CBSE/UGC NET)

ECONOMICS

TRADE EXCHANGE AND INTERDEPENDENCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Bombay Stock Exchange is the ____ largest stock exchange in the world.
A
10th
B
11th
C
12th
D
None of the above
Explanation: 

Detailed explanation-1: -New York Stock Exchange (NYSE) is the world’s largest stock exchange located at 11 Wall Street, New York City, USA. NYSE has a market capitalisation of $26.2 trillion and has more than 2400 companies listed. The companies listed include many blue-chip companies and are diversified across all sectors.

Detailed explanation-2: -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. NSE is under the ownership of various financial institutions such as banks and insurance companies.

Detailed explanation-3: -The New York Stock Exchange is the largest stock exchange in the world, with an equity market capitalization of nearly 23 trillion U.S. dollars as of December 2022. The following three exchanges were the NASDAQ, the Shanghai Stock Exchange, and the Euronext.

Detailed explanation-4: -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. The BSE is the 6th largest stock exchange with an overall market capitalisation of more than ₹276.713 lakh crore or US$3.56 trillion, as of January 2022.

Detailed explanation-5: -New York Stock Exchange. Nasdaq. London Stock Exchange. Shanghai Stock Exchange. Hong Kong Stock Exchange. Toronto Stock Exchange. Bombay Stock Exchange. Euronext. More items •12-Nov-2022

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