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The Hindu Editorial Analysis | PDF Download

Date: 25 May 2019

MCQ 1

  1. Indian Railway Finance Corporation (IRFC) is a fund mobilizing agency for railways from domestic capital markets
  2. It’s a Railway PSU
  • Choose correct

(A) Only 1

(B) Only 2

(C) Both

(D) None

MCQ 2

  1. ADB headquarters are in japan
  2. It is an official United Nations (UN) Observer.
  3. member nation which includes 49 from Asia-Pacific region (including India) .
  • Choose incorrect

(A) 1 & 2

(B) 2 only

(C) 1 & 3

(D) All

MCQ 3

  • In January 2019 RBI had set up a five-member panel headed by_______, on deepening digital payments with a view of encouraging digitisation of payments with a view of encouraging digitisation of payments and enhancing financial inclusion via digitisation.
  1. N K Singh
  2. Shashikant Das
  3. H R Khan
  4. Nandan Nilekani

MCQ 4

  1. NPCI has launched vision document titled ‘Payment And Settlement Systems In India: Vision 2019 – 2025’...
  2. The implementation of the approach outlined in this Vision Document during period is 2019 – 2025
  • Choose correct

(A) Only 1

(B) Only 2

(C) Both

(D) None

MCQ 5

  1. Established in 1875, the NSE is Asia's first stock exchange
  2. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country
  3. Headquarter is in New Delhi
  • Choose correct

(A) 1 & 2

(B) 2 & 3

(C) 2 only

(D) All

  • The National Stock Exchange of India Limited (NSE) is the leading stock exchange of India, located in Mumbai. The NSE was established in 1992 as the first demutualized electronic exchange in the country. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country. Vikram Limaye is Managing Director & Chief Executive Officer of NSE.
  • National Stock Exchange has a total market capitalization of more than US$2.27 trillion, making it the world's 11th-largest stock exchange as of April 2018. NSE's flagship index, the NIFTY 50, the 50 stock index is used extensively by investors in India and around the world as a barometer of the Indian capital markets. Nifty 50 index was launched in 1996 by the NSE. However, Vaidyanathan (2016) estimates that only about 4% of the Indian economy / GDP is actually derived from the stock exchanges in India.
  • Unlike countries like the United States where nearly 70% of the GDP is derived from larger companies and the corporate sector, the corporate sector in India accounts for only 12-14% of the national GDP (as of October 2016). Of these only 7,800 companies are listed of which only 4000 trade on the stock exchanges at BSE and NSE. Hence the stocks trading at the BSE and NSE account for only around 4% of the Indian economy, which derives most of its income related activity from the so-called unorganized sector and households.
  • Economic Times estimated that as of April 2018, 60 million (6 crore) retail investors had invested their savings in stocks in India, either through direct purchases of equities or through mutual funds. Earlier, the Bimal Jalan Committee report estimated that barely 1.3% of India's population invested in the stock market, as compared to 27% in USA and 10% in China
  • The Bombay Stock Exchange (BSE) is an Indian stock exchange located at Dalal Street, Mumbai.
  • Established in 1875, the BSE (formerly known as Bombay Stock Exchange Ltd.) is Asia's first stock exchange. The BSE is the world's 10th largest stock exchange with an overall market capitalization of more than $4.9 trillion on as of April 2018
  • The Bombay stock exchange was founded by Premchand Roychand. He was one of the most influential businessmen in 19th-century Bombay. A man who made a fortune in the stockbroking business and came to be known as the Cotton King, the Bullion King or just the Big Bull. He was also the founder of the Native Share and Stock Brokers Association, an institution that is now known as the BSE
  • In 1986, it developed the S&P BSE SENSEX index, giving the BSE a means to measure the overall performance of the exchange. In 2000, the BSE used this index to open its derivatives market, trading S&P BSE SENSEX futures contracts. The development of S&P BSE SENSEX options along with equity derivatives followed in 2001 and 2002, expanding the BSE's trading platform.
  • Historically an open outcry floor trading exchange, the Bombay Stock Exchange switched to an electronic trading system developed by CMC Ltd. in 1995. It took the exchange only 50 days to make this transition. This automated, screen-based trading platform called BSE On-Line Trading (BOLT) had a capacity of 8 million orders per day. The BSE has also introduced a centralized exchange-based internet trading system, BSEWEBx.co.in to enable investors anywhere in the world to trade on the BSE platform. Now BSE has raised capital by issuing shares and as on 3 May 2017 the BSE share which is traded in NSE only closed with Rs.999 .
  • The BSE is also a Partner Exchange of the United Nations Sustainable Stock Exchange initiative, joining in September 2012.
  • BSE established India INX on 30 December 2016. India INX is the first international exchange of India.
  • BSE launches commodity derivatives contract in gold, silver
  • The Sustainable Stock Exchanges (SSE) initiative promoting corporate investment in sustainable development. It is a project of the United Nations (UN) co-organized by the United Nations Conference on Trade and Development (UNCTAD), the United Nations Global Compact, the United Nations Environment Programme Finance Initiative (UNEPFI) and the UN-supported Principles for Responsible Investment (PRI).
  • Other key stakeholders include the World Federation of Exchanges (WFE), and the International Organization of Securities Commissions (IOSCO). The SSE provides a multi-stakeholder learning platform for stock exchanges, investors, regulators, and companies.