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Question
Explain National Stock Market System. (NSMS)
Short/Brief Note
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Solution
NSMS was advocated by the High powered group on the Establishment of New Stock Exchanges headed by M.J. Pherwani.
At present, NSMS comprises the following
- National Stock Exchange of India Limited – NSE
- Stock Holding Corporation of India Limited – SHCIL
- Securities Trading Corporation of India – STCI
- National Clearing and Depository System – NCDS
- National Securities Depository Limited – NSDL
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Recent Development in Stock Exchange
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