Which of the following pairs are correctly matched? I. Dow Jones: New York II. Hang Seng: Seoul III. FTSE - 100: London Select the correct answer using the codes given below:
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UPSC Civil Services preparation
- AI, II and III
- BII and III
- CI and II
- DI and IIICorrect
Explanation
The correct answer is D because pairs I and III are correctly matched while pair II is incorrect.
Dow Jones is the stock market index for the New York Stock Exchange in the United States.
FTSE 100 is the share index of the 100 companies listed on the London Stock Exchange with the highest market capitalization.
Hang Seng is the stock market index for Hong Kong, not Seoul. The main stock market index for Seoul, South Korea, is the KOSPI.
Therefore, only statements I and III are correct.
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