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Question : Which of the following statement is correct?
Statement 1: Sensex refers to that index which exhibits the trend in the share market.
Statement 2: Stock market index refers to the index showing the rise and fall in the market price of share on the basis of 30 companies of the Bombay stock exchange.

Option 1: Both are true 

Option 2: Both are false

Option 3: Statement 1 is true and statement 2 is false.

Option 4: Statement 1 is false and statement 2 is true.


 


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 14th Jan, 2024

Correct Answer: Both are false


Solution : The index showing the rise and fall in the market price of shares on the basis of 30 companies of the Bombay stock exchange is called sensex. This is the chief index of the Indian stock markets. Stock market index refers to that index which exhibits the trend in the share market it is prepared on the basis of some representative companies in whose share there is a lot of buying and selling.

Hence, option B is correct.

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