Discussion
The number of approved stock exchange in India is
Answer: A
Correct answer: 24
Twenty-four is the figure carried in the standard texts for recognised stock exchanges in India - the two national exchanges, the BSE and the NSE, together with the many regional exchanges recognised under the Securities Contracts (Regulation) Act, 1956.
The number is historical rather than current. Almost all the regional exchanges have since exited, unable to meet SEBI's net worth and turnover requirements, so trading is now concentrated on the NSE and BSE with a small number of specialised exchanges alongside them.
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