Match List-I with List-II
| List-I | List-II |
| (Keywords) | (Financial market concepts) |
| (A) Keeps securities in electronic form on behalf of investors | (I) National Stock Exchange (NSE) |
| (B) Provides protection to the investors and encourages competitiveness in the financial environment | (II) Bombay Stock Exchange (BSE) |
| (C) Established a nationwide trading facility for all types of securities | (III) Central Depository Services Limited (CDSL) |
| (D) Asia’s first stock exchange | (IV) Securities and Exchange Board of India (SEBI) |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → (A) - (III), (B) - (IV), (C) - (I), (D) - (II)
(A) Keeps securities in electronic form on behalf of investors — this matches (III) Central Depository Services Limited (CDSL). A depository works like a bank for shares: it holds them in electronic (demat) form for the investor. CDSL is one of India’s two depositories.
(B) Provides protection to the investors and encourages competitiveness in the financial environment — this matches (IV) Securities and Exchange Board of India (SEBI). SEBI is the regulator of the securities market. Its purpose is to protect investors and to help the market grow in a healthy, competitive way.
(C) Established a nationwide trading facility for all types of securities — this matches (I) National Stock Exchange (NSE). NSE was set up to give investors all over India equal access through one screen-based system.
(D) Asia’s first stock exchange — this matches (II) Bombay Stock Exchange (BSE), set up in 1875 in Bombay.
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): “Depository Just like a bank keeps money in safe custody for customers, a depository also is like a bank and keeps securities in electronic form on behalf of the investor. …” “The Central Depository Services Limited (CDSL) is the second depository to commence operations and was promoted by the Bombay Stock Exchange and the Bank of India. …” “…The overall objective of SEBI is to protect the interests of investors and to promote the development of, and regulate the securities market. …” “NSE was set up with the following objectives: “BSE Ltd (formerly known as Bombay Stock Exchange Ltd) was established in 1875 and was Asia’s first Stock Exchange. …” |