Which of the Indian stock exchange is the Asia's first and the fastest stock exchange in the world with a speed of 6 micro seconds?
A
BSE
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B
NSE
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C
CSE
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D
SEBI
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Solution
The correct option is B BSE
The history of the stock market in India goes back to the end of the eighteenth
century when long-term negotiable securities were first issued.
The
first stock exchange in India was set-up in 1875 as The Native Share and
Stock Brokers Association in Bombay. Today it is known as the Bombay Stock
Exchange (BSE).
Until the early 1990s, the Indian secondary market comprised regional
stock exchanges with BSE heading the list. After the reforms of 1991, the
Indian secondary market acquired a three tier form.