Which of the following statements about the National Stock Exchange (NSE) is correct? MCQ with Answer and Explanation

Which of the following statements about the National Stock Exchange (NSE) is correct?
A. NSE is India's largest stock exchange by market capitalization
B. NSE was established in the 1980s
C. NSE only trades in equity shares
D. NSE is a wholly-owned subsidiary of SEBI
Answer: Option A
Solution (By JKSSB Mock Tests)
The National Stock Exchange (NSE) is India's largest stock exchange by market capitalization.

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Practice More Current Affairs 2026 Section 1 Questions

Question #1
What is the name of the first-ever defence co-development project between India and Japan, announced during the 16th India-Japan Annual Summit?
A. BRAHMOS-NG
B. Project ZUMA
C. Indra-II
D. UNICORN (Unified Complex Radio Antenna)

Correct Answer: Option D


Explanation:
India and Japan announced their first co-development project involving the Naval Radio Antenna 'UNICORN' (Unified Complex Radio Antenna).[reference:2][reference:3]

Question #2
The contentious 130th Constitution Amendment Bill, which seeks to disqualify arrested Prime Ministers and Chief Ministers, is likely to be back in Parliament after its vetting by which committee?
A. Standing Committee on Law and Justice
B. Cabinet Committee on Political Affairs
C. Joint Parliamentary Committee (JPC)
D. Select Committee of Rajya Sabha

Correct Answer: Option C


Explanation:
The 130th Constitution Amendment Bill on disqualifying PMs and CMs could be back in Parliament as its vetting by a JPC is about to be over.[reference:104]

Question #3
According to Finance Minister Sitharaman, the International Financial Services Centres Authority (IFSCA) has more than how many registered entities as of June 2026?
A. 1,200
B. 500
C. 800
D. 1,500

Correct Answer: Option A


Explanation:
The IFSCA has emerged as a leading global financial hub with more than 1,200 registered entities as of June 2026.[reference:126]