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National stock exchange was set up a joint stock company by all indian financial institution and banks on November 27 ____.
  • a)
    1991
  • b)
    1992
  • c)
    1993
  • d)
    1994
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
National stock exchange was set up a joint stock company by all indian...
National Stock Exchange (NSE) Establishment

Background Information:
The National Stock Exchange (NSE) is the leading stock exchange in India. It was established in the early 1990s to provide a transparent and efficient trading platform for investors.

Establishment:
The NSE was set up on November 27, 1992, as a joint stock company by all Indian financial institutions and banks. The establishment of the NSE was a significant step in the development of the Indian capital market. The NSE was established with the following objectives:

- To provide a modern, fully automated screen-based trading system for securities trading.

- To ensure equal access to investors from all parts of the country.

- To provide a fair, transparent and efficient market for securities trading.

Significance of NSE:
The establishment of the NSE has had a significant impact on the Indian capital market. It has provided investors with a modern, efficient and transparent trading platform. The NSE has also played a crucial role in the development of the Indian economy by providing companies with access to capital markets.

Conclusion:
The establishment of the NSE was a significant step in the development of the Indian capital market. It has provided investors with a modern, efficient and transparent trading platform and has played a crucial role in the development of the Indian economy.
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Community Answer
National stock exchange was set up a joint stock company by all indian...
1993
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National stock exchange was set up a joint stock company by all indian financial institution and banks on November 27 ____.a)1991b)1992c)1993d)1994Correct answer is option 'B'. Can you explain this answer?
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