The National Stock Exchange of India (NSE) is India's largest financial market, Incorporated in: A. 1820 B. 1947 C. 1992 D. 2000
Question
The National Stock Exchange of India (NSE) is India's largest financial market, Incorporated in:
A. 1820
B. 1947
C. 1992
D. 2000
Solution
Analyzing the Options
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Understanding the NSE: The National Stock Exchange of India (NSE) is a prominent financial market in India, essential for trading various financial instruments, including equities, derivatives, and debt securities.
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Historical Context: To correctly answer the question, it's essential to identify when the NSE was established. This requires a brief overview of its history.
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Evaluation of Options:
- A. 1820: This option appears too early for the establishment of a modern stock exchange in India.
- B. 1947: This year marks India's independence. While significant, it does not align with the establishment of the NSE.
- C. 1992: This option is pertinent as the NSE was indeed established in this year.
- D. 2000: This year is too late for the initial establishment of the NSE.
Conclusion
Based on the evaluation, the correct answer is C. 1992. The National Stock Exchange of India was incorporated in 1992, marking a significant development in India's financial markets.
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