GK
ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The first computerised online stock exchange in India was
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BSE
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NSE
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MCX
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OTCEI
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Explanation:
Detailed explanation-1: -1. India’s first fully computerised stock exchange was Over the Counter Exchange of India Limited. 2. It was promoted by the Reserve Bank of India.
Detailed explanation-2: -NASDAQ, founded in 1972 was the first electronic stock market. It was originally designed only as an electronic quotation system, with no ability to perform electronic trades. Other systems soon followed and by the turn of the century, every exchange was using this model.
Detailed explanation-3: -Understanding the Over-The-Counter Exchange of India (OTCEI) The exchange was established in 1990 to provide investors and companies with an additional way to trade and issue securities.
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