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