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    Question

    In which year did the journey of Exchange Traded Funds

    (ETFs) commence in India, marked by the launch of the first ETF by Nippon India Mutual Fund based on the Nifty 50 Index?
    A 1998 Correct Answer Incorrect Answer
    B 2002 Correct Answer Incorrect Answer
    C 2006 Correct Answer Incorrect Answer
    D 2010 Correct Answer Incorrect Answer
    E 2015 Correct Answer Incorrect Answer

    Solution

    The Exchange traded funds (ETFs) began their journey in India way back in 2002, when the first ETF by Nippon India Mutual fund (erstwhile Benchmark Asset Management Company Ltd) was launched in India on the Nifty 50 Index.

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