The Stock Exchange was the first to be recognized by the Government of India under the Securities Co...........

General Studies (CPO) Indian Polity

The ........ Stock Exchange was the first to be recognized by the Government of India under the Securities Contracts Regulation Act.

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SSC CPO 15th-March-2019-Shift-1

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Ahmedabad

Bombay

Madras

Calcutta

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Explanation:

- Option 1: Ahmedabad Stock Exchange is one of the oldest exchanges in India, established in 1894, but was not the first recognized by the government.

- Option 2: Bombay Stock Exchange (BSE) is the oldest stock exchange in Asia, founded in 1875. It was the first stock exchange to be recognized by the Government of India under the Securities Contracts Regulation Act in 1957.

- Option 3: Madras Stock Exchange was founded in 1937. It was an important regional exchange but not the first recognized.

- Option 4: Calcutta Stock Exchange was established in 1908. While it is one of the oldest, it was not the first to gain official recognition.