Official Answer Key & Detailed Solution
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Correct Answer: Option (D) — Nnone
Concept & Option Breakdown
Standard Reference Verified- Statement 1 is incorrect: BSE Sensex consists of 30 well-established and financially sound companies (not 50) listed on the Bombay Stock Exchange (BSE).
- Statement 2 is incorrect: Sensex is calculated using the free-float market capitalization methodology, where weightage depends on free-float market capitalization rather than proportional weightage.
- Statement 3 is incorrect: The oldest stock exchange in the world is the Amsterdam Stock Exchange (established in 1602), not the New York Stock Exchange (established in 1792).
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