Arrange following activities/events of NSE in correct order of timeline
(A) Recognized as a stock exchange
(B) Started operations with trading on the wholesale debt market segment
(C) Started futures and options segment
(D) Launched capital market segment
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → (A), (B), (D), (C)
(A) Recognized as a stock exchange — first. The NSE was incorporated in 1992 and recognised as a stock exchange in April 1993.
(B) Started operations with trading on the wholesale debt market segment — second. It began trading in 1994, and its first segment was the wholesale debt market.
(D) Launched capital market segment — third. The capital market segment, the trading platform for equity shares, followed in November 1994.
(C) Started futures and options segment — fourth. The segment for derivatives came much later, in June 2000.
Note: Although the chapter ‘Financial Markets’ was dropped from the NCERT textbooks during rationalisation, it has stayed in the NTA syllabus every year since 2022, except for 2025, and it is part of the syllabus again from 2026. This question is therefore based on the pre-rationalised NCERT, an extract from which is given below.
NCERT (Pre-rationalised Edition): “NATIONAL STOCK EXCHANGE OF INDIA (NSE) … It was incorporated in 1992 and was recognised as a stock exchange in April 1993. It started operations in 1994, with trading on the wholesale debt market segment. Subsequently, it launched the capital market segment in November 1994 as a trading platform for equities and the futures and options segment in June 2000 for various derivative instruments. …” |