Question

     Which of the following statements is/are true about the National Stock Exchange of India (NSE)?

    1)It is a government-owned stock exchange.

    2)It was founded in 1992.

    3)The full form of NIFTY is the National stock exchange FIFTY.

    A 1 and 2 only Correct Answer Incorrect Answer
    B 1 and 3 only Correct Answer Incorrect Answer
    C 2 and 3 only Correct Answer Incorrect Answer
    D 1, 2 and 3 Correct Answer Incorrect Answer
    E 3 only Correct Answer Incorrect Answer

    Solution

    Statement 1 is false as the NSE is not government-owned. It is a private company, incorporated in November 1992. Statement 2 is true as the NSE was indeed founded in 1992.

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