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Q47
(IAS/1998)
Economy › Money, Banking & Inflation › Stock markets indices
Answer Verified
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:
Result
Your answer:
—
·
Correct:
D
Explanation
The Dow Jones Industrial Average is the flagship US equity benchmark associated with New York/Wall Street markets [1]. The Hang Seng Index is the primary market index for Hong Kong, tracking major listings on the Hong Kong Stock Exchange — it is not a Seoul/Korean index [2]. The FTSE 100 is the principal large‑cap index for the London market and is routinely cited as the UK/London benchmark among global indices. Consequently, statements I (Dow Jones — New York) and III (FTSE‑100 — London) are correctly matched, while II (Hang Seng — Seoul) is incorrect. Correct choice: I and III (option 4).
Sources
- [1] https://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average
- [2] https://en.wikipedia.org/wiki/Hang_Seng_Index
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