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Question

Consider the following statements:

Which of the statements given above is/are correct?


A

1 only

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B

1 and 3

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C

2 and 3

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D

None of these

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Solution

The correct option is A

1 only


The method adopted for calculating Sensex is the market capitalisation weighted method in which weights are assigned according to the size of the company. Larger the size, higher the weight age.

The base year of Sensex is 1978-79 and the base index value is set to 100 for that period.

The Amsterdam Stock Exchange is considered the oldest in the world. It was established in 1602 by the Dutch East India Company dealings in its printed stocks and bonds. It was subsequently renamed the Amsterdam Bourse and was the first to formally begin trading in securities.


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