Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Financial Markets

Question:

National Stock Exchange of India was incorporated in the year:

Options:

1875

1992

1993

1994

Correct Answer:

1992

Explanation:

The correct answer is Option (2) - 1992.

The National Stock Exchange is the latest, most modern and technology driven exchange. It was incorporated in 1992 and was recognized 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. NSE has set up a nationwide fully automated screen-based trading system.