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Consider the following statements: Sensex is based on 50 of the most important stocks available on the Bombay Stock Exchange (BSE); For calculating the Sensex, all the Sensex stocks are assigned proportional weightage; New York Stock Exchange is the oldest stock exchange in the world. Which of the statements given above is/are correct

Consider the following statements: Sensex is based on 50 of the most important stocks available on the Bombay Stock Exchange (BSE); For calculating the Sensex, all the Sensex stocks are assigned proportional weightage; New York Stock Exchange is the oldest stock exchange in the world. Which of the statements given above is/are correct?

(a)

2 only

(b)

1 and 3

(c)

2 and 3

(d)

None

Answer:

(d)

Moderate

Explanation

New York Stock Exchange is not the oldest stock exchange; Amsterdam is the oldest.