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Question
Select the correct answer from the options given below and rewrite the statement.
The ______ is the first stock exchange to be recognized by the Indian Government under the Securities Contracts (Regulation) Act.
Options
BSE
NSE
OTCEI
Solution
The BSE is the first stock exchange to be recognized by the Indian Government under the Securities Contracts (Regulation) Act.
Explanation:
The Bombay Stock Exchange (BSE) was the first stock exchange in India to be officially recognized by the Indian Government under the Securities Contracts (Regulation) Act, 1956. Established in 1875, it is also the oldest stock exchange in Asia, ensuring regulated trading and investor protection.
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