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

Static GK (CPO) Banking Awareness

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

This questions was previously asked in

SSC CPO 13th Dec 2019 Shift-1

2000

1994

1991

2004

- Option 1: 2000

- The first exchange-traded index derivative contract on the BSE was indeed introduced in 2000.

- This marked the beginning of index derivatives trading in India.

- They are financial instruments used for hedging and speculation in stock indices.

- Option 2: 1994

- This year is too early for the introduction of index derivatives on the BSE.

- The Indian financial markets were still evolving post-economic liberalization.

- Option 3: 1991

- This was when economic reforms began in India, but not related to index derivatives.

- Option 4: 2004

- By this time, index derivatives were well established in India.

Option 1: 2000 is the correct answer.

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