Examveda
Examveda

Mumbai stock exchange was recognized on a permanent basis in___________.

A. 1950

B. 1956

C. 1957

D. 1965

Answer: Option C

Solution(By Examveda Team)

On August 31, 1957, the BSE became the first stock exchange to be recognized by the Indian Government under the Securities Contracts Regulation Act.

This Question Belongs to Commerce >> Financial Management

Join The Discussion

Comments ( 1 )

  1. Sam Jhonson
    Sam Jhonson :
    6 years ago

    On August 31, 1957, the BSE became the first stock exchange to be recognized by the Indian Government under the Securities Contracts Regulation Act.
    then the answer would be c

Related Questions on Financial Management

Investment is the _______________.

A. net additions made to the nation’s capital stocks

B. person’s commitment to buy a flat or house

C. employment of funds on assets to earn returns

D. employment of funds on goods and services that are used in production process