“Why there is two exchanges in India”

A. Exchanges are places where you can buy and sell something.

India has two operational stock exchanges: Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

There were other stock exchanges in India also.

But they shut down due to operational reasons like not being able to remain technologically updated or not being able to stick to the regulatory requirements, etc.

Example: Calcutta Stock Exchange, Bangalore Stock Exchange, Madras Stock Exchange — are all stock exchanges in India that are no longer operating.

Stock exchange is like a shopping mall — a place to buy and sell.

There can be any number of stock exchanges in a country.

Right now, we have two exchanges.