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Question

The National Stock Exchange of India was recognized as stock exchange in the year ____________.

A
1993
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B
1995
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C
1994
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D
1992
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Solution

The correct option is C 1992
The National Stock Exchange of India was promoted by leading Financial institutions at the behest of the Government of India, and was incorporated in November 1992 as a tax-paying company. In April 1993, it was recognized as a stock exchange under the Securities Contracts (Regulation) Act, 1956.

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