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)    It 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

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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