Question Bank - Banking & Financial Services

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The index titled SENSEX of BSE (erstwhile Bombay Stock Exchange) is an index of trading of top _____ companies in terms of their volume of trade share prices.

A.
ten
B.
thirty
C.
hundred
D.
fifty

Solution:

The correct answer is thirty. The index titled SENSEX of BSE (erstwhile Bombay Stock Exchange) is an index of trading of top 30 companies in terms of their volume of trade share prices. The Bombay Stock Exchange (BSE) was established in the year 1875. It is the largest stock exchange in India and Asia as well. It was recognized as an official organization by the name 'The Native Share & Stock Brokers Association'. As per the Securities Contracts Regulation Act, BSE became the first stock exchange to be recognized by the Government of India in 1956. The headquarters of the Bombay Stock Exchange is in Mumbai.

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