24th July 2026

Explanation - The National Stock Exchange (NSE) is India's premier stock exchange and a core pillar of the country's financial system. Established in 1992 and operational from 1994, it was set up to bring transparency, efficiency, and nationwide access to securities trading. Headquartered in Mumbai, NSE replaced India's earlier manual trading system with a fully automated, screen-based platform. Legal Status and Recognition — NSE is a regulated stock exchange, officially recognised under the Securities Contracts (Regulation) Act, 1956. It offers trading across multiple asset classes: Equities (shares) Derivatives (futures and options) Currency and commodity products Debt securities It is owned by major financial institutions, banks, and insurers, and operates under the regulatory oversight of the Securities and Exchange Board of India (SEBI). Organisational Structure — Ownership — Key shareholders include major public institutions such as LIC, SBI, ICICI Bank, and GIC. Management — NSE is run by a Board of Directors, supported by executive leadership and functional departments covering trading, clearing, settlement, and surveillance. Regulatory Oversight — SEBI regulates NSE under multiple statutes, including the Companies Act, the SEBI Act, the Securities Contracts (Regulation) Act, and the Depositories Act. Clearing, Settlement and Depository Services — Clearing and settlement functions are handled by NSE Clearing Limited; Depository services are provided through the National Securities Depository Limited (NSDL). Governing Legal Framework — NSE's functioning is governed by four key legislations: Securities Contracts (Regulation) Act, 1956 Companies Act, 2013 SEBI Act, 1992 Depositories Act, 1996

Explanation - The National Stock Exchange (NSE) is India's premier stock exchange and a core pillar of the country's financial system. Established in 1992 and operational from 1994, it was set up to bring transparency, efficiency, and nationwide access to securities trading. Headquartered in Mumbai, NSE replaced India's earlier manual trading system with a fully automated, screen-based platform. Legal Status and Recognition — NSE is a regulated stock exchange, officially recognised under the Securities Contracts (Regulation) Act, 1956. It offers trading across multiple asset classes: Equities (shares) Derivatives (futures and options) Currency and commodity products Debt securities It is owned by major financial institutions, banks, and insurers, and operates under the regulatory oversight of the Securities and Exchange Board of India (SEBI). Organisational Structure — Ownership — Key shareholders include major public institutions such as LIC, SBI, ICICI Bank, and GIC. Management — NSE is run by a Board of Directors, supported by executive leadership and functional departments covering trading, clearing, settlement, and surveillance. Regulatory Oversight — SEBI regulates NSE under multiple statutes, including the Companies Act, the SEBI Act, the Securities Contracts (Regulation) Act, and the Depositories Act. Clearing, Settlement and Depository Services — Clearing and settlement functions are handled by NSE Clearing Limited; Depository services are provided through the National Securities Depository Limited (NSDL). Governing Legal Framework — NSE's functioning is governed by four key legislations: Securities Contracts (Regulation) Act, 1956 Companies Act, 2013 SEBI Act, 1992 Depositories Act, 1996

Explanation - The Nifty 500 Ahimsa Index tracks top 500 NSE companies whose business practices align with the principle of "Ahimsa" (non-violence). It gives investors a way to invest specifically in companies that avoid activities harming animals. This marks a shift from conventional ESG (Environmental, Social, Governance) investing, which focuses on carbon emissions and governance metrics, toward a values-based screening rooted in Indian philosophical traditions. The index was developed jointly by NSE Indices and the Ahimsagain Foundation, a non-profit established in November 2024 by ethical finance advocates. Selection Framework — Companies are evaluated using the Ahimsa Investment Movement (AIM) framework, which classifies firms into three bands: Green band: Fully compliant with animal-cruelty-free criteria Orange band: Partial compliance Red band: Non-compliant Only green-band companies are included in the index.

Explanation - The PM-YASASVI Scheme subsumes earlier initiatives such as the Dr. Ambedkar Post-Matric Scholarship Scheme for EBCs. The Pre-Matric Scholarship is available for students in Classes 9 and 10, not Classes 9 to 12. The scheme is implemented by the Department of Social Justice and Empowerment, Ministry of Social Justice and Empowerment, not the Ministry of Education.

Explanation - It is an umbrella scheme of the MWCD, which aims to provide a roadmap to achieve development and child protection priorities aligned with the Sustainable Development Goals (SDGs). It lays emphasis on child rights, advocacy and awareness along with strengthening of the juvenile justice care and protection system with the motto to 'leave no child behind’. It is implemented as a centrally sponsored scheme.

The provisions of the Juvenile Justice (Care and Protection of Children) Act, 2015 and the Protection of Children from Sexual Offences Act, 2012 form the basic framework for implementation of the Mission.