NSE Indices Launches New Index

December 06, 2022
Current Context: NSE Indices Limited launched a new index Nifty BHARAT Bond Index- in April 2033.
NSE Indices Launches New Index
  • The Nifty BHARAT Bond Index- April 2033 was launched within the Nifty Bharat Bond Index Series.
  • The new tranche of the Bharat Bond ETF was launched for a New Fund Offer (NFO) of the ETF from 02 December to 08 December 2022.
  • It is the 6th in the Bharat Bond ETF series and will be responsible for tracking the Nifty BHARAT Bond Index.
  • This bond and the Bharat Bond Fund of Fund (FOF) series will mature on April 18, 2033.
  • NSE Indices Ltd was established in 1998 with its headquarters in Mumbai. The current MD & CEO of the company is Ashishkumar Chauhan.

Question:

Q.1 The maturity time of the recently launched sixth series of the Bharat Bond ETF is?
a. 2030
b. 2033
c. 2035
d. 2040

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