Target Exam

CUET

Subject

Business Studies

Chapter

Financial Markets

Question:

Which of the following is the oldest stock exchange of India?

Options:

NASDAQ

NSE

BSE Ltd

Dow Jones

Correct Answer:

BSE Ltd

Explanation:

The correct answer is option (3)- BSE Ltd.

BSE Ltd is the oldest stock exchange of India.

BSE Ltd (formerly known as Bombay Stock Exchange Ltd) was established in 1875 and was Asia’s first Stock Exchange. It was granted permanent recognition under the Securities Contract (Regulation) Act, 1956. It has contributed to the growth of the corporate sector by providing a platform for raising capital. It is known as BSE Ltd but was established as the Native Share Stock Brokers Association in 1875.