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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Explain National Stock Exchange. (NSE) - Commerce

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Question

Explain National Stock Exchange. (NSE)

Answer in Brief

Solution

National Stock Exchanges:

  1. NSE was incorporated in November 1992.
  2. It is a Countrywide, Screen-based, Online, and order-driven trading system.
  3. It uses a satellite link to spread trading throughout the country thereby connecting members scattered all over India.
  4. NSE has two segments Debt and Capital Segments.
  5. It has revolutionized stock trading in India.
  6. Through a computer network, member’s orders for buying and selling within prescribed prices are matched by the central computers with each other and instantly communicate to the trading member.
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Chapter 7: Stock Exchange - Exercise [Page 58]

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Samacheer Kalvi Commerce [English] Class 12 TN Board
Chapter 7 Stock Exchange
Exercise | Q III. 5. | Page 58
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