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Banking and Financial Institutions
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Select the correct statements:
1. Sensex is based on 50 of the most important stocks available on the Bombay Stock Exchange (BSE)
2. For calculating the Sensex, all the Sensex stocks are assigned proportional weightage
3. Sensex became operational in 1978-79 with the base value of 100

Answer & Solution
Correct Answer: Option C
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