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The National Stock Exchange of India was recognized as stock exchange in the year(a) 1992(b) 1993(c) 1994(d) 1995 |
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Answer» (b) National Stock Exchange of India was promoted by financial institutions and established as a public limited company in 1992. However, it was ‘recognized as a stock exchange‘ in April,’1993‘ under Securities Contracts (Regulation) Act,1956. It commenced its operations in capital market in 1994 and operations in derivatives market were started in 2000. |
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