Question
Download Solution PDFWhich is the Oldest Stock Exchange in India?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Bombay Stock Exchange.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, of 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 |
Last updated on Jun 12, 2025
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