In 1992 _______________ was incorporated to establish a nationwide trading facility for all types of securities.
In 1992 _______________ was incorporated to establish a nationwide trading facility for all types of securities.
Solution
✅ Correct Option: 1
The National Stock Exchange of India (NSE) was incorporated in 1992 on the recommendation of the Pherwani Committee to establish a nationwide, fully automated, screen-based trading facility for all types of securities. It was recognised as a stock exchange in 1993 and started operations in 1994. SEBI is a regulator, not a trading facility.
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