Question

Consider the following statements related to stock markets:

1. BSE SENSEX represents 30 of the country's largest and most actively traded stocks listed on the BSE.

2. Base year for calculations in BSE is 1978-79.

Which of the above is/are correct?

• A. 1 only
• B. 2 only
• C. Both 1 and 2
• D. Neither 1 nor 2

Answer 1

The correct option is C Both 1 and 2

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> BSE SENSEX refers to the benchmark index of the BSE in India. The Sensex comprises 30 of the largest and most actively traded stocks on the BSE.
The base year of BSE SENSEX is 1978-79 and the base value is 100.