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According to recommendations of which committee was NSE (National Stock Exchange) established in India?
Question

According to recommendations of which committee was NSE (National Stock Exchange) established in India?

A.

Rajesh Krishnan Committee

B.

Sri Krishna Committee

C.

Pherwani Committee

D.

Venkatachaliah Committee

Correct option is C

According to recommendations of Pherwani Committee was NSE (National Stock Exchange) established in India.
· The commission is also known as the Justice Manepalli Narayana Rao Venkatachaliah Commission, for the purpose of suggesting possible constitutional amendments.
· Srikrishna Committee on Telangana or the Committee for Consultations on the Situation in Andhra Pradesh (CCSAP) is a committee headed by former chief justice B. N. Srikrishna to look into the demand for separate statehood for Telangana or keep the State united in the present form, Andhra Pradesh.
· NSE was incorporated in 1992. It was recognised as a stock exchange by SEBI in April 1993 and commenced operations in 1994 with the launch of the wholesale debt market, followed shortly after by the launch of the cash market segment.
· National Stock Exchange of India Limited (NSE) is one of the major stock exchange of India which is located in Mumbai.
· Bombay Stock Exchange (BSE) is the oldest stock exchange in India

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