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Under whose recommendation was the National Stock Exchanges Set up?

Asked on by | Votes 0 | Views: 13 | Tags: banking financial awareness     | awareness about securities market     | Add Bounty

Under whose recommendation was the National Stock Exchanges Set up?
1). Phrewani Comittee
2). Asian Comittee
3). Stock Exchange Committee
4). All of the above


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Answered by on | Votes 3 |

National Stock Exchanges (NSE):The NSE was established in 1992 as the first demutualized electronic exchange in the country by the Pherwani Committee. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country. Vikram Limaye is Managing Director & Chief Executive Officer (MD & CEO) of NSE. Nifty and Nifty Junior are the indices of NSE. Nifty measures share price of top 50 and later top 50 by Nifty junior.

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