Which of the following statements about the National Stock Exchange (NSE) of India is/are correct?
- 1. It was set up in 1990.
- 2. It was recognized as a stock exchange by SEBI in 1993 and it commenced its operations in 1994.
Select the correct answer using the code given below.
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Answer is Wrong!
Answer is Right!
This question was previously asked in
UPSC CBI DSP LDCE – 2023
– Statement 2 is correct. NSE received recognition as a stock exchange from SEBI in April 1993. It commenced operations in the Wholesale Debt Market (WDM) segment in June 1994 and in the Equity segment in November 1994.