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Which of the following is the oldest stock exchange in India?

This question was previously asked in
SSC MTS 2020 (Held On : 8 Oct 2021 Shift 1 ) Official Paper 10
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  1. CSE
  2. NSE
  3. DSE
  4. BSE

Answer (Detailed Solution Below)

Option 4 : BSE
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Detailed Solution

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The correct answer is BSE.

Key Points 

  • The BSE (Bombay stock exchange) is not only India's oldest stock exchange but it is the oldest stock exchange in Asia. It is the largest stock exchange in India and is operating out of Mumbai, Maharashtra.
  • The Bombay stock exchange was established in 1875 by Premchand Roychand as Native Share & Stock Brokers Association and it was the first stock exchange to be recognized by the Government under the Securities Contracts Regulation Act, 1957.
  • BSE limited became the first Indian Stock Exchange to be recognized as a "Designated Offshore Securities Market" (DOSM) by the United States Securities &Exchange Commission.

Additional Information

Name of the Stock Exchange 

Year of establishment 

Location 

BSE(Bombay Stock Exchange)

1875 (Asia's oldest Stock exchange)

Mumbai 

NSE (National Stock Exchange of India)

1992

Mumbai

TYO(Tokyo Stock Exchange)

1878 (Earlier known as Tokyo Kabushiki Torihikijo)

Tokyo, Japan 

NYSE (New York Stock Exchange)

1792 (World's largest stock exchange)

New York, US

 

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