2 Views

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.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books