Indian Economy Quiz: Stock Exchanges and Indices of the World

It was established in 1875 as the Native Share and Stock Brokers Association and functions from Dalal Street in Mumbai, which makes it the oldest stock exchange in Asia; it was also the first exchange in India to receive permanent recognition from the Government under the Securities Contracts (Regulation) Act…

The SENSEX, short for Sensitive Index, is composed of 30 large, well established and actively traded companies listed on the Bombay Stock Exchange, and since 2003 it has been calculated on the free-float market capitalisation method, which counts only the shares actually available for trading.

The Sensex was launched in 1986 and its series was worked back to the base year 1978-79, for which the index value is taken as 100, so that a Sensex reading shows how many times the market has grown since that base.

The Dow Jones Industrial Average tracks 30 large American companies and is quoted for the New York Stock Exchange; it was created by Charles Dow in 1896 and is the oldest index of share prices still in use, the broader American benchmark being the S&P 500 and the technology-heavy one…

The Nikkei 225 is the benchmark index of the Tokyo Stock Exchange and is named after Nihon Keizai Shimbun, the newspaper that has compiled it since the 1950s; it covers 225 leading Japanese companies.

The FTSE 100 began in 1984 and records the share prices of the hundred largest companies by market capitalisation listed in London; the name comes from the Financial Times and the Stock Exchange, which set up the index jointly, and it is read as the Footsie.

The Hang Seng index records the leading shares of the Hong Kong Stock Exchange and has been published since 1969; it is one of the most quoted Asian indices along with the Nikkei of Tokyo and the KOSPI of Seoul.

The DAX is the benchmark index of the Frankfurt Stock Exchange and tracks the largest German companies by market capitalisation and turnover.

KOSPI stands for the Korea Composite Stock Price Index and is the benchmark of the Korea Exchange, which handles the securities market of South Korea.

It was established in 1602 by the Dutch East India Company, whose shares were traded there continuously, and it is therefore counted as the world's first stock exchange; the exchange is now part of Euronext.

NASDAQ opened in 1971 in the United States as the world's first electronic stock market, with quotations carried on a computer network instead of a trading floor, and it now lists most of the large American technology companies; its benchmark is the NASDAQ Composite.

SEBI was set up in 1988 as a non-statutory body and was given statutory status and powers by the Securities and Exchange Board of India Act, 1992, after which it became the regulator of the securities market, with its head office in Mumbai; appeals from its orders lie to the…