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Question

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.
This consists of:
  • Regional Stock Exchanges
  • National Stock Exchange (NSE)
  • Over the Counter Exchange of India (OTCEI)

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