Correct option is C
The
Bombay Stock Exchange (BSE) is the
oldest Stock Exchange in Asia, established in
1875. It began as “The Native Share & Stock Brokers’ Association” and is located in Mumbai, India. Because of its early establishment and continuous functioning, it holds the distinction of being Asia’s first organized securities market.
Shanghai, Tokyo, and Beijing Stock Exchanges were established much later, making BSE the oldest among all.
Thus, the correct answer is
(c) Bombay Stock Exchange.
Information Booster
1. BSE is one of the world’s fastest stock exchanges with a speed of
6 microseconds.
2. It is recognized by SEBI and operates on an electronic trading platform.
3. BSE’s benchmark index is
SENSEX, launched in 1986.
4. It has played a major role in the development of the Indian capital market.
5. BSE is now a corporatized and demutualized exchange.
Additional Information
·
(a) Beijing Stock Exchange: Established in
2021, one of the newest, not the oldest.
·
(b) Shanghai Stock Exchange: Founded in
1990, much later than BSE.
·
(d) Tokyo Stock Exchange: Established in
1878, but still later than BSE (1875).