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Test: Stock exchanges in India - B Com MCQ


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10 Questions MCQ Test - Test: Stock exchanges in India

Test: Stock exchanges in India for B Com 2024 is part of B Com preparation. The Test: Stock exchanges in India questions and answers have been prepared according to the B Com exam syllabus.The Test: Stock exchanges in India MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Stock exchanges in India below.
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Test: Stock exchanges in India - Question 1
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What is the main function of a stock exchange?

Detailed Solution for Test: Stock exchanges in India - Question 1
A stock exchange primarily serves as a marketplace where securities (stocks, bonds, derivatives, etc.) can be freely traded between investors with the help of members or brokers. It provides a platform for buying and selling these financial instruments.
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Which stock exchange is the oldest in India?

Detailed Solution for Test: Stock exchanges in India - Question 2
Bombay Stock Exchange (BSE) is the oldest stock exchange in India, with a history dating back to 1875.
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Test: Stock exchanges in India - Question 3
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What is the main index of the Bombay Stock Exchange (BSE) that represents the top 30 trading companies?

Detailed Solution for Test: Stock exchanges in India - Question 3
The main index of the Bombay Stock Exchange (BSE) is called Sensex, which represents the top 30 trading companies listed on the exchange.
Test: Stock exchanges in India - Question 4
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Which stock exchange introduced the first electronic trading system in India in 1992?
Detailed Solution for Test: Stock exchanges in India - Question 4
National Stock Exchange (NSE) introduced the first electronic trading system in India in 1992, which replaced the paper-based settlement system.
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What is the benchmark index introduced by the National Stock Exchange (NSE) to measure the performance of the exchange?
Detailed Solution for Test: Stock exchanges in India - Question 5
The National Stock Exchange (NSE) introduced the Nifty index to measure the performance of the exchange. It represents the top 50 companies traded on NSE.
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Which stock exchange is ranked 10th globally in terms of market capitalization?
Detailed Solution for Test: Stock exchanges in India - Question 6
Bombay Stock Exchange (BSE) is ranked 10th globally in terms of market capitalization.
Test: Stock exchanges in India - Question 7
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What is MCX primarily known for in terms of trading?
Detailed Solution for Test: Stock exchanges in India - Question 7
MCX (Multi Commodity Exchange) is primarily known for trading in various commodity futures contracts across segments, including metals, energy, agriculture, and more.
Test: Stock exchanges in India - Question 8
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What is the highest traded item on MCX?
Detailed Solution for Test: Stock exchanges in India - Question 8
Gold is the highest traded item on MCX.
Test: Stock exchanges in India - Question 9
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What is the main competitor of MCX in India?
Detailed Solution for Test: Stock exchanges in India - Question 9
National Commodity & Derivatives Exchange Ltd. is one of the main competitors of MCX in India, especially in the commodity futures trading segment.
Test: Stock exchanges in India - Question 10
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Which regulatory body oversees MCX (Multi Commodity Exchange)?
Detailed Solution for Test: Stock exchanges in India - Question 10
MCX is regulated by the Forward Markets Commission, which oversees commodity exchanges in India.
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