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How many stock exchanges are there in India?
July 25, 2003
Stocks and Stock Markets
How many stock exchanges are there in India? Take the Rediff Biz Quiz and find out how much you know about stocks and the stock market.
1. What do you call a stock market trend that is neither bullish nor bearish? a) Flat market b) Stable market c) Chicken market
Wrong! Try again..
Wrong!The correct answer isChicken market. A bullish trend is when the stock markets are rising. The bearish trend denotes that the markets are on a downward spiral. But when the market is flat, showing neither an upward nor a downward trend, it is called chicken market.
Correct! A bullish trend is when the stock markets are rising. The bearish trend denotes that the markets are on a downward spiral. But when the market is flat, showing neither an upward nor a downward trend, it is called chicken market.
2. What is picking stocks that have already sunk to the bottom but still have some bounce in them left called? a) Cigar butt hunting b) Bargain hunting c) Stock Picking
Wrong! Try again..
Wrong!The correct answer is Cigar butt hunting. Warren Buffet called it 'cigar butt' investing to explain that if you are to find among the things others have thrown away sufficient value to give you 'one or two more good puffs.' The puffs are considered free because no one even thought them worth picking up.
Correct! Warren Buffet called it 'cigar butt' investing to explain that if you are to find among the things others have thrown away sufficient value to give you 'one or two more good puffs.' The puffs are considered free because no one even thought them worth picking up.
3. How many stock exchanges are there in India? a) 2 b) 10 c) 23
Wrong! Try again..
Wrong!The correct answer is 23. Apart from the Bombay and National stock exchanges in Mumbai, there are stock exchanges in Ahmedabad, Bangalore, Bhubaneswar, Kochi, Delhi, Guwahati, Hyderabad, Jaipur, Calcutta, Chennai, Ludhiana and Pune.
Correct! Apart from the Bombay and National stock exchanges in Mumbai, there are stock exchanges in Ahmedabad, Bangalore, Bhubaneswar, Kochi, Delhi, Guwahati, Hyderabad, Jaipur, Calcutta, Chennai, Ludhiana, Pune too have bourses.
4. What are illiquid stocks that do not follow SEBI rules called? a) Z stocks b) B stocks c) Illiquid stocks
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Wrong!The correct answer isZ stocks. Z or B3 stocks are those which do not fulfill obligations outlined by the Companies Act or the listing agreement of stock exchanges. This classification labels it as 'high risk segment' which could serve as a warning signal to gullible investors.
Correct! Z or B3 stocks are those which do not fulfill obligations outlined by the Companies Act or the listing agreement of stock exchanges. This classification labels it as 'high risk segment' which could serve as a warning signal to gullible investors.
5. By what name is the building 'Phiroze Jeejebhoy Towers' better known as? a) Bombay Stock Exchange b) National Stock Exchange c) Calcutta Stock Exchange
Wrong! Try again..
Wrong! The correct answer is Bombay Stock Exchange. The Bombay Stock Exchange, established in 1875, is the oldest stock exchange in Asia. It is older than even the Tokyo Stock Exchange which was established in 1878.
Correct! The Bombay Stock Exchange, established in 1875, is the oldest stock exchange in Asia. It is older than even the Tokyo Stock Exchange which was established in 1878.