Question

    Which of the following statements is/are correct

    regarding National Stock Exchange (NSE) in India? 1)      NSE was established in 1992. 2)      NSE has a trading platform called NEAT (National Exchange for Automated Trading). 3)      NEAT is a screen based trading system.
    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

    Explanation: Statement 1 is correct as NSE was established in the year 1992 as the first demutualized electronic exchange in India. Statements 2 and 3 are also correct as NSE has a fully automated screen-based trading system called NEAT.

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