Q: 62 (IAS/2000)
question_subject:
Economics
question_exam:
IAS
stats:
0,124,103,48,25,124,30
keywords:
{'sensex': [0, 1, 0, 0], 'overall rise': [0, 1, 0, 0], 'rise': [3, 1, 0, 4], 'bombay stock exchange': [0, 0, 1, 0], 'national stock exchange': [0, 0, 0, 1], 'shares': [0, 3, 3, 6], 'prices': [0, 5, 4, 14], 'means': [2, 1, 0, 2], 'companies': [0, 0, 0, 1]}
A rise in `SENSEX` refers to an overall rise in prices of shares of a group of companies registered with the Bombay Stock Exchange (BSE). The SENSEX is a stock market index that represents the performance of a select group of stocks listed on the BSE. It is calculated using a weighted average of the prices of these stocks, and an increase in the SENSEX indicates a positive market sentiment and an upward movement in the prices of the constituent stocks. Therefore, option (c) "an overall rise in prices of shares of a group of companies registered with Bombay Stock Exchange" is the correct explanation for a rise in SENSEX.