In which year did the National Stock Exchange began its operations?
Show answer & explanation
Correct answer: A
Explanation
National Stock Exchange (NSE) -
The National Stock Exchange (NSE) is India's largest and one of the world's leading financial markets.
Establishment: NSE was established in 1992 based on the recommendations of the Pherwani Committee.
Commencement of Operations: It began its actual operations in 1994.
The Wholesale Debt Market segment was launched in June 1994.
Trading in the Capital Market (Cash) segment began in November 1994.
Headquarters: Its headquarters are located in Mumbai (Bandra Kurla Complex).
Index: NSE's flagship index is the NIFTY 50, which reflects the performance of the top 50 companies in the Indian stock market.