With reference to the recent initiatives of BSE Asia

Solution

• Statement 1 – Correct: The four factor-based indices launched are indeed BSE 500 Enhanced Value 50, Low Volatility 50, Momentum 50, and Quality 50. • Statement 2 – Correct: Unlike NSE Indices, which have different rebalancing structures, these BSE indices will be rebalanced quarterly, allowing faster incorporation of new financial data. • Statement 3 – Correct: After becoming a wholly-owned subsidiary of BSE in June 2024, Asia Index has intensified index development and launched 20 indices in FY25, including the BSE 1000. • Statement 4 – Incorrect: The headquarters of BSE is in Mumbai (not New Delhi). Its MD & CEO is Sundararaman Ramamurthy, which is correct — but the HQ detail makes the statement wrong. Thus, the correct answer is 1, 2 and 3 only.