Question
Download Solution PDFBombay Stock Exchange became the first stock exchange in India to launch commodity derivatives contract in gold and ______.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Silver.
- Bombay Stock Exchange became the first stock exchange in India to launch commodity derivatives contracts in gold and silver.
Key Points
- Bombay Stock Exchange (BSE), is an Indian stock exchange located on Dalal Street in Mumbai.
- Bombay Stock Exchange is Established in 1875 by cotton merchant Premchand Roychand.
- Bombay Stock Exchange is the oldest stock exchange in Asia, and also the tenth oldest in the world.
- The Bombay Stock Exchange is the 9th largest stock exchange with an overall market capitalization of more than Rs 255.003 lakh crore, as of October 2021.
Additional Information
- BSE is Asia's first and the Fastest Stock Exchange in the world with a speed of 6 microseconds and one of India's leading exchange groups.
- In 2013, BSE upgraded its technology platform to Bolt Plus, which is based on the business architecture of the global giant Deutsche Borse.
- As of now January 2022 the chairman of the Bombay Stock Exchange is Vikramajit Sen.
Last updated on Jun 13, 2025
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