Multiple choice

The National Stock Exchange was formed in _____.

  1. 1992

  2. 1993

  3. 1988

  4. none of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

NSE was incorporated in 1992 as a tax-paying company and started operations in 1994 with wholesale trading in debt instruments. It revolutionized Indian financial markets by introducing electronic screen-based trading instead of the open outcry system used by BSE. The other options are incorrect - 1993 was the year when SEBI was granted statutory powers, and 1988 predates NSE's formation.

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