The Karachi Stock Exchange was established on____________?
A18 August 1947
B8 October 1947
C21 November 1947
D18 September 1947
Correct answer
D. 18 September 1947
Explanation
The Karachi Stock Exchange (as the Pakistan Stock Exchange was formerly called) was established in 18 September 1947 coinciding with Pakistan’s independence. Pakistan Stock Exchange (PSX) was formed by merging Lahore, Karachi and Islamabad stock exchanges on 11 January 2016.