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UPSC 1998: 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:
(a)I, II and III
(b)II and III
(c)I and II
(d)I and III
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Not attemptedCorrect Answer: (d) I and III
The Dow Jones Industrial Average is compiled from stocks listed in New York, making pair I correct. The Hang Seng Index tracks shares on the Hong Kong Stock Exchange, not Seoul, so pair II is incorrect. The FTSE-100 (‘Footsie’) represents the top 100 companies on the London Stock Exchange, so pair III is correct. Hence only I and III are correctly matched, giving option (d). ([en.wikipedia.org](https://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 1998 Indian Economy question?▼
The correct answer is option (d): I and III. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Financial Markets & Capital Markets question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 1998, GS Paper 1, as Question 47. It falls under Indian Economy > Financial Markets & Capital Markets.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Financial Markets & Capital Markets?▼
UPSC has asked 39 questions from Financial Markets & Capital Markets (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.