Class 12 Business Studies - Chapter Financial Markets NCERT Solutions | State the objective of NSE?

Welcome to the NCERT Solutions for Class 12th Business Studies - Chapter Financial Markets. This page offers a step-by-step solution to the specific question from Exercise 2, Question 6: state the objective of nse....
Question 6

State the objective of NSE?

Answer

The National Stock Exchange (NSE) is the latest, most modern and technology driven exchange. It was incorporated in 1992 and was recognised as a stock exchange in April 1993.

NSE was set up with the following objectives:

  1. Establishing a nationwide trading facility for all types of securities.
  2. Ensuring equal access to investors all over the country through an appropriate communication network.
  3. Providing a fair, efficient and transparent securities market using electronic trading system.
  4. Enablingshortersettlementcyclesandbookentrysettlements.
  5. Meeting international benchmarks and standards.

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