Question

Where are the headquarters of the National Stock Exchange situated?
1. Chennai
2. Delhi
3. Mumbai
4. Bangalore

Answer 1

Correct Answer - Option 3 : Mumbai

The correct answer is Mumbai.

• National Stock Exchange of India Limited (NSE) is one of the major stock exchange of India which is located in Mumbai and was established in 1992.

• It is regarded as the first dematerialized electronic stock exchange in the country.
• NSE has kicked off a new initiative "NSE EMERGE" for Small and medium-sized enterprises (SME's) and Startups in India through this the companies can get listed on NSE without an Initial public offering (IPO).
• Vikram Limaye is Managing Director & Chief Executive Officer of the world's second largest stock exchange NSE.He is also ex MD and CEO of IDFC.
• The recommendations of the Pherwani committee laid the foundation of NSE,it was set with a varied shareholding consisting of domestic and global investors.
• NSE introduced India's first dedicated debt platform to deliver a liquid and transparent trading platform for debt related products in May,2013.