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Where is the NSE (national stock evaluation of India) headquartered?
Question

Where is the NSE (national stock evaluation of India) headquartered?

A.

New delhi

B.

Pune

C.

Chennai

D.

Mumbai

Correct option is D

The correct answer is option (d): Mumbai
Explanation:

  • The NSE (National Stock Exchange of India) is headquartered in Mumbai, Maharashtra.
  • Mumbai is considered the financial capital of India and is home to several financial institutions, including the NSE and BSE (Bombay Stock Exchange).
  • The NSE was established in 1992 and is one of the leading stock exchanges in India.
  • It introduced electronic trading in India, making transactions faster and more transparent.

Information Booster:

The headquarters of major financial institutions in India:
1. SEBI (Securities and Exchange Board of India)
Headquarters: Mumbai, Maharashtra
Purpose: Regulates the securities and capital markets to protect investor interests.
2. IRDAI (Insurance Regulatory and Development Authority of India)
Headquarters: Hyderabad, Telangana
Purpose: Regulates and promotes the insurance and reinsurance industries in India.
3. SIDBI (Small Industries Development Bank of India)
Headquarters: Lucknow, Uttar Pradesh
Purpose: Promotes and finances Micro, Small, and Medium Enterprises (MSMEs).
4. NHB (National Housing Bank)
Headquarters: New Delhi
Purpose: Provides financial and other support to housing finance institutions and promotes housing finance in India.
5. NABARD (National Bank for Agriculture and Rural Development)
Headquarters: Mumbai, Maharashtra
Purpose: Provides credit and support for agriculture and rural development in India.

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