In which year was the first Exchange traded Index Derivative Contract traded on the Bombay Stoc...........

Static GK (CPO) Indian Economy

In which year was the first Exchange-traded Index Derivative Contract traded on the Bombay Stock Exchange (BSE)?

2004

2000

1991

1994

- The first exchange-traded index derivative contract was launched on the Bombay Stock Exchange (BSE) in 2000.

- Such derivatives represented a significant development in the Indian financial markets by providing tools for hedging and speculation.

- Option 1: 2004 - This is after the actual launch year and is not correct.

- Option 2: 2000 - This is the correct year for the first index derivative on BSE.

- Option 3: 1991 - This was prior to the liberalization of financial markets in India.

- Option 4: 1994 - This is also incorrect as it precedes the actual launch.

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