UPSC Prelims 2009 · General Studies

Question 7: Economy and Social Development

Which one of the following pairs is not correctly matched?

aJapan : Nikkei

bSingapore : Shcomp

cUK : FTSE

dUSA : Nasdaq

AnswerThe answer is (b).

Shcomp is the ticker for the Shanghai Stock Exchange Composite Index, so it belongs to China and not Singapore. Singapore's main stock index is the Straits Times Index (STI). The other pairs are correct: Nikkei is Japan's benchmark, FTSE (as in FTSE 100) is the London index, and Nasdaq is the New York-based exchange and index heavy in technology stocks.

Why each option is right or wrong

(a) Correct: the Nikkei 225 is the main index of Japan.
(b) Not correctly matched: Shcomp is Shanghai Composite (China); Singapore's index is the Straits Times Index.
(c) Correct: FTSE indices, such as the FTSE 100, track London-listed shares.
(d) Correct: Nasdaq is a US exchange and index.

Explanation: written by UPSC Grade, not by UPSC.

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Source: UPSC, Civil Services (Preliminary) Examination 2009, General Studies. UPSC's own paper isn't online; the words are from a published compilation. The paper on upsc.gov.in.