Bombay Stock Exchange became the first stock exchange in India to launch a commodity derivatives contract in gold and ______
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. silver.
- Bombay Stock Exchange became the first stock exchange in India to launch commodity derivatives contracts in gold and silver.
- Indian stock exchange Bombay Stock Exchange (BSE) is situated on Dalal Street in Mumbai.
- Premchand Roychand, a cotton dealer, founded the Bombay Stock Exchange in 1875.
- The Bombay Stock Exchange is the tenth-oldest stock exchange in the world and the oldest in Asia.