What does NASDAQ stand for? Take the rediff business quiz and see how much you know about The NASDAQ Stock Market.
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1. What does NASDAQ stand for? a) National Stocks Data and Automated Quotes b) National Association of Securities Dealers Automated Quotations c) North American Securities Data and Automated Quotations
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Wrong! The correct answer is National Association of Securities Dealers Automated Quotations. NASDAQ stands for National Association of Securities Dealers Automated Quotations. NASDAQ is the world's largest electronic stock market, listing approximately 3,600 of the world's most innovative companies. More companies now list on NASDAQ than all other major US stock markets. NASDAQ trades more shares per day than any other US equities market.
Correct! NASDAQ stands for National Association of Securities Dealers Automated Quotations. NASDAQ is the world's largest electronic stock market, listing approximately 3,600 of the world's most innovative companies. More companies now list on NASDAQ than all other major US stock markets. NASDAQ trades more shares per day than any other US equities market.
2. When did NASDAQ debut? a) 1968 b) 1984 c) 1971
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Wrong! The correct answer is 1971. NASDAQ began trading on February 8, 1971. Since its debut as the world's first electronic stock market, The NASDAQ Stock Market, has been at the forefront of innovation, using technology to bring millions of investors together with the world's leading companies.
Correct! NASDAQ began trading on February 8, 1971. Since its debut as the world's first electronic stock market, The NASDAQ Stock Market, has been at the forefront of innovation, using technology to bring millions of investors together with the world's leading companies.
3. Which is the first Indian company to list on the NASDAQ? a) Infosys Technologies b) Satyam Infoway c) ICICI Bank
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Wrong! The correct answer is Infosys Technologies. Infosys Technologies became the first Indian company to be listed on the US NASDAQ in March 1999. Infosys was incorporated on July 2,1981 as a private limited company in India. It became public limited company in June 1992.
Correct! Infosys Technologies became the first Indian company to be listed on the US NASDAQ in March 1999. Infosys was incorporated on July 2,1981 as a private limited company in India. It became public limited company in June 1992.
4. What is NASDAQ's all-time high? a) 6321 points b) 3876 points c) 5048 points
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Wrong! The correct answer is 5048 points. NASDAQ reached a dizzying 5048 points to touch its all-time high on March 10, 2000. This day is also regarded as the beginning of the end of the Internet stock boom.
Correct! NASDAQ reached a dizzying 5048 points to touch its all-time high on March 10, 2000. This day is also regarded as the beginning of the end of the Internet stock boom.
5. Who is the current CEO and President of NASDAQ? a) Richard Grasso b) John Thain c) Robert Greifeld
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Wrong! The correct answer is Robert Greifeld. Robert Greifeld is President and Chief Executive Officer of The NASDAQ Stock Market, Inc. He assumed the post on May 12, 2003. Before joining NASDAQ, Greifeld was an executive vice president with SunGard Data Systems Inc, a $6.2 billion market cap company. He earned a BA in English from Iona College in 1979 and an MBA from New York University, Stern School of Business, in 1986. His graduate school thesis was on the operation of The NASDAQ Stock Market.
Correct! Robert Greifeld is President and Chief Executive Officer of The NASDAQ Stock Market, Inc. He assumed the post on May 12, 2003. Before joining NASDAQ, Greifeld was an executive vice president with SunGard Data Systems Inc, a $6.2 billion market cap company. He earned a BA in English from Iona College in 1979 and an MBA from New York University, Stern School of Business, in 1986. His graduate school thesis was on the operation of The NASDAQ Stock Market.