5 Questions
Who was the main perpetrator of the 1992 Indian stock market scam?
Harshad Shantilal Mehta
What was the approximate amount of the 1992 Indian stock market scam in crores?
₹ 5,000 crores
How much did the scam defraud investors of?
Over ten million USD
What techniques were used by Harshad Mehta in the scam?
Signing fake cheques, misusing market loopholes, and fabrication to drive stock prices up
What happened to the Indian stock market when the scam was discovered?
It collapsed
Test your knowledge of the 1992 Indian stock market scam with this quiz. Learn about the market manipulation carried out by Harshad Shantilal Mehta and others, which caused significant disruption to the Bombay Stock Exchange. Explore the techniques used, including fake cheques, market loopholes, and fabrications, and understand the impact of the scam on investors and the Indian stock market.
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