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(I) The SENSEX is a free-float market-weighted stock market of 30 well established and financially sound companies listed on Bombay stock exchange.
(II) The NIFTY 50 is NSE’s benchmark broad based stock market index for the Indian equity market. It represents the simple average of 50 Indian company stocks in 12 sectors.
  • a)
    Statement I and II are true
  • b)
    Statement I is false and Statement II is true
  • c)
    Statement I is true and Statement II is false
  • d)
    Statement I and II are false
Correct answer is option 'C'. Can you explain this answer?
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(I) The SENSEX is a free-float market-weighted stock market of 30 well...
SENSEX and NIFTY 50 are the weighted average stock markets of 30 and 50 blue chip stocks respectively.
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(I) The SENSEX is a free-float market-weighted stock market of 30 well...
's benchmark stock index, composed of 50 companies from various sectors listed on the National Stock Exchange of India.
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(I) The SENSEX is a free-float market-weighted stock market of 30 well established and financially sound companies listed on Bombay stock exchange.(II) The NIFTY 50 is NSE’s benchmark broad based stock market index for the Indian equity market. It represents the simple average of 50 Indian company stocks in 12 sectors.a)Statement I and II are trueb)Statement I is false and Statement II is truec)Statement I is true and Statement II is falsed)Statement I and II are falseCorrect answer is option 'C'. Can you explain this answer?
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(I) The SENSEX is a free-float market-weighted stock market of 30 well established and financially sound companies listed on Bombay stock exchange.(II) The NIFTY 50 is NSE’s benchmark broad based stock market index for the Indian equity market. It represents the simple average of 50 Indian company stocks in 12 sectors.a)Statement I and II are trueb)Statement I is false and Statement II is truec)Statement I is true and Statement II is falsed)Statement I and II are falseCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about (I) The SENSEX is a free-float market-weighted stock market of 30 well established and financially sound companies listed on Bombay stock exchange.(II) The NIFTY 50 is NSE’s benchmark broad based stock market index for the Indian equity market. It represents the simple average of 50 Indian company stocks in 12 sectors.a)Statement I and II are trueb)Statement I is false and Statement II is truec)Statement I is true and Statement II is falsed)Statement I and II are falseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for (I) The SENSEX is a free-float market-weighted stock market of 30 well established and financially sound companies listed on Bombay stock exchange.(II) The NIFTY 50 is NSE’s benchmark broad based stock market index for the Indian equity market. It represents the simple average of 50 Indian company stocks in 12 sectors.a)Statement I and II are trueb)Statement I is false and Statement II is truec)Statement I is true and Statement II is falsed)Statement I and II are falseCorrect answer is option 'C'. Can you explain this answer?.
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