Question

The Sensex and Nifty are both indices. The base years for the BSE Sensex and Nifty are ________ and ________ respectively.

• A. 1980-81 and 1990
• B. 1990-91 and 2000
• C. 1978-79 and 1995
• D. 2000-01 and 2004

Hint:

Sensex is the older index of the two.

Answer 1

The Correct Option is C

This question checks the base years used to calculate two major Indian stock market indices.

1. 1980-81 and 1990: Not correct. These are not the base years fixed for either index.
2. 1990-91 and 2000: Not correct. 1990-91 is not the Sensex base year, and Nifty was not based in 2000.
3. 1978-79 and 1995: Correct. The BSE Sensex uses 1978-79 as its base year with a base value of 100. The Nifty 50, launched by NSE, uses 1995 as its base year with a base value of 1000.
4. 2000-01 and 2004: Not correct. Neither index uses these years as its base.

So the answer is 1978-79 and 1995, option C.