In which year was the Bombay Stock Exchange established? How often do the BSE indices change per minute? Take the Get Ahead Money Quiz to find out.
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1. When was the BSE established? 1875 1900 1957
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Wrong! The Bombay Stock Exchange was established in 1875. It is the oldest stock exchange in Asia.
Right! It is the oldest stock exchange in Asia.
2. What was the BSE established as? The Bombay Stock Brokers' Association The Indian Stock Brokers' Association The Native Share and Stock Brokers' Association
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Wrong! The correct answer is The Native Share and Stock Brokers' Association.
Right!
3. How many individuals were the first members of the BSE? 318 215 75
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Wrong! The correct answer is 318. They did so by paying an amount of Re 1 each.
Right! They did so by paying an amount of Re 1 each.
4. How many indices does the BSE have? 1 13 6
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Wrong! The correct answer is 13. Out of the 13, the Bombay Stock Exchange's main index is the Sensex.
Right! The Bombay Stock Exchange has 13 indices, the Sensex being the main one.
5. When was the Sensex launched? 1876 1975 1986
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Wrong! The correct answer is 1986.
Right!
6. How often do the indices change in real time? Every 5 seconds Every 15 seconds Every 20 seconds
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Wrong! The correct answer is Every 15 seconds. During market hours, prices of the index stocks, at which latest trades are executed, are used by the trading system to calculate the index every 15 seconds and disseminated in real time.
Right! During market hours, prices of the index stocks, at which latest trades are executed, are used by the trading system to calculate the index every 15 seconds and disseminated in real time.
7. Who determines the BSE indices? The Index Committee The Governing Board SEBI nominees on the Board
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Wrong! The correct answer is The Index Committee. The committee frames the broad policy guidelines for the development and maintenance of all BSE indices. The Index Cell of the Exchange carries out the day to day maintenance of all indices and conducts research on development of new indices.
Right! The committee frames the broad policy guidelines for the development and maintenance of all BSE indices. The Index Cell of the Exchange carries out the day to day maintenance of all indices and conducts research on development of new indices.