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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