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Question : In which year was the first Exchange-traded Index Derivative Contract traded on the Bombay Stock Exchange (BSE)?

Option 1: 2000

Option 2: 1994

Option 3: 1991

Option 4: 2004


Team Careers360 15th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: 2000


Solution : The correct answer is 2000

On June 9, 2000, the Bombay Stock Exchange (BSE) made history by offering the first Exchange-traded Index Derivative Contract on the BSE Sensex, the country's capital market benchmark index. The Prominent SEBI member and committee head who developed the derivatives market's risk containment strategies, Prof. J. R. Varma, officiated the first trade.

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