1.

“NSEI” is the largest stock exchange of the country”.1. Do you agree? 2. Explain its features.

Answer»

1. National Stock Exchange of India (NSE):

NSE is the most modern stock exchange in India. It was incorporated in 1992 and was recognised as a stock exchange in April 1993. It commenced operations in 1994. NSE has set up a nationwide fully automated screen based trading system.

2. Objectives of NSE:

  • Establishing a nationwide trading facility for all types of securities.
  • Ensuring equal access to investors all over the country.
  • Providing a transparent securities market using electronic trading system.
  • Enabling shorter settlement cycles and book entry settlements.
  • Meeting international benchmarks and standards


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