Question:
Explain the significance of the National Stock Exchange (NSE).
Answer:
The NSE is India’s leading stock exchange, established in 1992. It provides a platform for investors to trade equities, derivatives, and other securities electronically. Some of its key roles include:
- Efficient and Transparent Trading: It ensures a transparent trading environment with real-time market data.
- Investor Protection: It has systems in place to protect investors through regulatory frameworks and automated systems.
- Wide Accessibility: NSE’s digital network allows traders from across the country to participate in the market.
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