Question

______ was developed in Ahemdabad as Ahmedabad Stock Exchange (ASE) in 1894. 

Options

• Regional Stock Exchange

• National Stock Exchange

• Over the Counter Exchange of India

• None of the above

Answer 1

Regional Stock Exchange

Explanation -

Ahmedabad Stock Exchange (ASE) was established in 1894 as the first Regional Stock Exchange. Similarly, the Calcutta Stock Exchange (CSE) was founded in 1908. Other regional stock exchanges were formed in Calcutta, Madras, Ahemdabad, Delhi, Hyderabad, and Indore in later years. Regional stock markets have recently been established in Coimbatore (Coimbatore Stock Exchange) and Meerut (Meerut Stock Exchange). In India, there are now 22 regional stock exchanges.