BSE Sensex falls by steep margin

Q.  Which were the reasons for the BSE Sensex to fall by 1624.51 pints and close at 25,741.56 on 24th Aug’15?
- Published on 01 Aug 15

a. Economic Crisis in Greece
b. Slowing Chinese economy
c. Devaluation of Chinese currency
d. Bailout of Greece Economy
e. Both B and C

ANSWER: Both B and C
 
Global bourses crashed on 24th Aug’15 following weeks of reports regarding China’s low economic growth as its consumption story further faltered. This fall was the biggest since 21 January 2008 when the Sensex crashed by 2,062.2 points.

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