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Match the following Stock Exchanges in India with their corresponding year of establishment :

National Stock Exchange of India (NSE) 1978
Calcutta Stock Exchange (CSE) 1875
Cochin Stock Exchange 1908
Bombay Stock Exchange (BSE) 1992

AA-3, B-1, C-2, D-4

BA-1, B-4, C-2, D-3

CA-3, B-4, C-2, D-1

DA-4, B-3, C-1, D-2

Answer:

D. A-4, B-3, C-1, D-2

Read Explanation:

National Stock Exchange of India

  • In November 1992, the National Stock Exchange of India was established as a taxable entity through the collaboration of significant financial institutions, as per the request of the Indian government.
  • It received recognition as a Stock Exchange under the Securities Contracts (Regulations) Act, 1956, in April 1993.
  • The Wholesale Debt Market (WDM) section was introduced by the NSE in June 1994.
  • Additionally, in the same month, the Capital Markets (Equities) Segment was inaugurated.
  • Operations for the NSE's Capital Market (Equities) sector commenced in November 1994, while the Derivatives segment became operational in June 2000.

The Calcutta Stock Exchange (CSE)

  • The Calcutta Stock Exchange (CSE), situated at Kolkata
  • It operates under the ownership of the Ministry of Finance, Government of India.
  • Being the second oldest stock exchange in Asia, it was established on December 1, 1863, by sixteen prominent stockbrokers in Calcutta.

Bombay Stock Exchange (BSE)

  • BSE is the oldest stock exchange in Asia, established in 1875.
  • It is located in Mumbai and has played a pivotal role in shaping India's financial landscape.
  • BSE operates on an electronic trading platform known as the BSE Online Trading (BOLT) system.
  • It is one of the largest stock exchanges globally and lists a significant number of companies.

Cochin Stock Exchange (CoSE)

  • It was an Indian stock exchange located in Kochi, Kerala, and was fully owned by the Government of India.
  • Established in 1978, at its zenith, it boasted nearly 500 listed Indian companies, with a daily turnover ranging from ₹70 to ₹100 crore 
  • By then, it had secured the position as the fourth-largest exchange in India.
  • However, trading activities at the Cochin Stock Exchange ceased in 2005.
  • This halt occurred following the introduction of regulatory measures by the Securities and Exchange Board of India (SEBI)
  • By May 2014, the exchange was in its final stages of closure.

 


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