Question : Statement 1: Sensex and Nifty are examples of stock market indices.
Statement 2: Stock market indices measure the performance of individual stocks.
Option 1: Statement 1 is true, and statement 2 is true.
Option 2: Statement 1 is true, but statement 2 is false.
Option 3: Statement 1 is false, and statement 2 is true.
Option 4: Statement 1 is false, and statement 2 is false.
Correct Answer:
Statement 1 is true, but statement 2 is false.
Solution : The correct answer is (b) Statement 1 is true, but statement 2 is false.
Statement 1 is true. Sensex and Nifty are well-known examples of stock market indices in India. They represent a collection of stocks from various companies and are used to measure the overall market performance.
Statement 2 is false. Stock market indices measure the performance of a group or collection of stocks, not individual stocks. They provide an aggregate measure of the overall market performance based on the performance of the included stocks.
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