In which year the National stock exchange was set up a joint stock company by all indian financial institution and bank?

Question

A1991

B1992

C1993

D1994

Select from the options above.

Correct Option: 2  

Explanation:
The exchange was incorporated in 1992 as a tax-paying company and was recognized as a stock exchange in 1993 under the Securities Contracts (Regulation) Act, 1956, when P. V. Narasimha Rao was the Prime Minister of India and Manmohan Singh was the Finance Minister.