{"id":92243,"date":"2025-06-01T11:18:52","date_gmt":"2025-06-01T11:18:52","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=92243"},"modified":"2025-06-01T11:18:52","modified_gmt":"2025-06-01T11:18:52","slug":"which-of-the-following-statements-about-the-national-stock-exchange-n","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-the-national-stock-exchange-n\/","title":{"rendered":"Which of the following statements about the National Stock Exchange (N"},"content":{"rendered":"<p>Which of the following statements about the National Stock Exchange (NSE) of India is\/are correct?<\/p>\n<ul>\n<li>1. It was set up in 1990.<\/li>\n<li>2. It was recognized as a stock exchange by SEBI in 1993 and it commenced its operations in 1994.<\/li>\n<\/ul>\n<p>Select the correct answer using the code given below.<\/p>\n<p>[amp_mcq option1=&#8221;1 only&#8221; option2=&#8221;2 only&#8221; option3=&#8221;Both 1 and 2&#8243; option4=&#8221;Neither 1 nor 2&#8243; correct=&#8221;option2&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC CBI DSP LDCE &#8211; 2023<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-cbi-dsp-ldce-2023.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-cbi-dsp-ldce-2023\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">\nThe correct answer is B, meaning only statement 2 is correct.<br \/>\n<\/section>\n<section id=\"pyq-key-points\">\n&#8211; Statement 1 is incorrect. The National Stock Exchange (NSE) of India was incorporated in 1992 based on recommendations from the Pherwani Committee report of 1991. While discussions and initial steps might have occurred around 1990, its formal establishment year is 1992.<br \/>\n&#8211; 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.<br \/>\n<\/section>\n<section id=\"pyq-additional-information\">\nNSE was established to bring transparency and efficiency to the Indian capital markets through technology and nationwide access. It was a key reform during the early 1990s liberalization period in India.<br \/>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>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. [amp_mcq option1=&#8221;1 only&#8221; option2=&#8221;2 only&#8221; &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Which of the following statements about the National Stock Exchange (N\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-the-national-stock-exchange-n\/#more-92243\">Detailed Solution<span class=\"screen-reader-text\">Which of the following statements about the National Stock Exchange (N<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1086],"tags":[1105,1120,1190],"class_list":["post-92243","post","type-post","status-publish","format-standard","hentry","category-upsc-cbi-dsp-ldce","tag-1105","tag-economic-development","tag-money-banking","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Which of the following statements about the National Stock Exchange (N<\/title>\n<meta name=\"description\" content=\"The correct answer is B, meaning only statement 2 is correct. - Statement 1 is incorrect. The National Stock Exchange (NSE) of India was incorporated in 1992 based on recommendations from the Pherwani Committee report of 1991. While discussions and initial steps might have occurred around 1990, its formal establishment year is 1992. - 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.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-the-national-stock-exchange-n\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which of the following statements about the National Stock Exchange (N\" \/>\n<meta property=\"og:description\" content=\"The correct answer is B, meaning only statement 2 is correct. - Statement 1 is incorrect. The National Stock Exchange (NSE) of India was incorporated in 1992 based on recommendations from the Pherwani Committee report of 1991. While discussions and initial steps might have occurred around 1990, its formal establishment year is 1992. - 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.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-the-national-stock-exchange-n\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T11:18:52+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Which of the following statements about the National Stock Exchange (N","description":"The correct answer is B, meaning only statement 2 is correct. - Statement 1 is incorrect. The National Stock Exchange (NSE) of India was incorporated in 1992 based on recommendations from the Pherwani Committee report of 1991. While discussions and initial steps might have occurred around 1990, its formal establishment year is 1992. - 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.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-the-national-stock-exchange-n\/","og_locale":"en_US","og_type":"article","og_title":"Which of the following statements about the National Stock Exchange (N","og_description":"The correct answer is B, meaning only statement 2 is correct. - Statement 1 is incorrect. The National Stock Exchange (NSE) of India was incorporated in 1992 based on recommendations from the Pherwani Committee report of 1991. While discussions and initial steps might have occurred around 1990, its formal establishment year is 1992. - 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.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-the-national-stock-exchange-n\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T11:18:52+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-the-national-stock-exchange-n\/","url":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-the-national-stock-exchange-n\/","name":"Which of the following statements about the National Stock Exchange (N","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T11:18:52+00:00","dateModified":"2025-06-01T11:18:52+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"The correct answer is B, meaning only statement 2 is correct. - Statement 1 is incorrect. The National Stock Exchange (NSE) of India was incorporated in 1992 based on recommendations from the Pherwani Committee report of 1991. While discussions and initial steps might have occurred around 1990, its formal establishment year is 1992. - 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.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-the-national-stock-exchange-n\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-the-national-stock-exchange-n\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-the-national-stock-exchange-n\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC CBI DSP LDCE","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-cbi-dsp-ldce\/"},{"@type":"ListItem","position":3,"name":"Which of the following statements about the National Stock Exchange (N"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/92243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=92243"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/92243\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=92243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=92243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=92243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}