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Question

The NSE introduced trading in Index Options (also based on Nifty 50) on June 4, _____.

This question was previously asked in
SSC CHSL 2025 Tier 1 Question Paper (21-Nov-2025) (Shift 1)
The correct answer is

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.

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