Question

The foremost stock exchange in the world was established in

• A. Delhi
• B. London
• C. America
• D. Japan

Hint:

The London Stock Exchange was established long ago and is considered one of the oldest and most influential in the world.

Answer 1

The Correct Option is B

Step 1: Understanding the question.
The question asks about the location where the foremost stock exchange in the world was established. The foremost stock exchange in the world is considered to be the London Stock Exchange (LSE).
Step 2: Analyzing the options.
(A) Delhi: Incorrect. While India has a stock exchange in Delhi, it is not the foremost one globally.
(B) London: Correct. The London Stock Exchange, one of the oldest and most prominent exchanges globally, is considered the foremost stock exchange.
(C) America: Incorrect. America has several large stock exchanges, but London historically holds the position of being the foremost stock exchange.
(D) Japan: Incorrect. While Japan has an important stock exchange, it is not considered the foremost in the world.
Step 3: Conclusion.
The correct answer is (B) London as it was the first major global stock exchange and remains significant today.