Multiple choice

The number of approved stock exchanges in India is

  1. 21

  2. 24

  3. 18

  4. 15

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

In the mid-2000s, India had 21 approved stock exchanges, though many were small regional exchanges with limited trading activity. Major exchanges included BSE, NSE, and several regional exchanges like Calcutta, Delhi, Madras, and Hyderabad Stock Exchanges. Over time, many regional exchanges have merged or closed due to lack of volume and the rise of electronic trading on national exchanges. The number has since decreased significantly.