The NSE introduced trading in Index Options (also based on Nifty 50) on June 4, _____.
2001
The question asks for the year in which the National Stock Exchange (NSE) launched trading in index options based on the Nifty 50.
The NSE introduced trading in index options on June 4, 2001, making Nifty 50 index options one of India's early exchange-traded derivative products.
This came shortly after the NSE began index futures trading in June 2000, marking the growth of the organised derivatives market in India.
Index options give the buyer the right, but not the obligation, to buy or sell the underlying index at a fixed price, and are a key risk-management tool.
The other years 2006, 2003 and 2005 are later dates and do not correspond to the launch of Nifty 50 index options, so they are incorrect.
Hence the correct year is 2001.
2001.
The Banking Codes and Standards Board of India (BCSBI) was set up on 18th February _____.
Which of the following tax (now replaced by GST) was levied by Central government?
I. Entertainment tax
II. Entry tax
Which of the following is a report published by Reserve Bank of India?
I. Financial Stability Report
II. Handbook of Statistics on Indian Economy
Who took over as the Governor of the Reserve Bank of India in December 2024?
In which year was the fixed rate repos in government securities was introduced to give maneuverability in liquidity management?
The Clearing Corporation of India Limited (CCIL) was established in ______.
Bharatiya Reserve Bank Note Mudran Limited established as a fully owned subsidary of the Reserve bank in the year ______.
In which year did the National Stock Exchange began its operations?
As per the Fiscal Responsibility and Budget Management Act-2003, which of the following is NOT laid before both the house of parliament along with Annual Financial statement?
The Kisan Credit Card (KCC) scheme was introduced in ______ for issue of Kisan Credit Cards to farmers on the basis of their holdings for uniform adoption by the banks.
Which one of the following is likely to be the most inflationary in its effects?
Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India?
Consider the following statements :
The effect of devaluation of a currency is that it necessarily
1. improves the competitiveness of the domestic exports in the foreign markets
2. increase the foreign value of domestic currency
3. improves the trade balance
Which of the above statements is/are correct?
Indian Government Bond Yields are influenced by which of the following?
1. Actions of the United States Federal Reserve
2. Actions of the Reserve Bank of India
3. Inflation and short-term interest rates
Select the correct answer using the code given below.
With reference to “Urban Cooperative Banks" in India, consider the following statements :
1. They are supervised and regulated by local boards set up by the State Governments.
2. They can issue equity shares and preference shares.
3. They were brought under the purview of the Banking Regulation Act, 1949 through an Amendment in 1966
Which of the statements given above is/are correct?