1992 Indian Stock Market Scam Quiz
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Questions and Answers

Who was the main perpetrator of the 1992 Indian stock market scam?

  • Nimesh Shah
  • Vijay Kedia
  • Rakesh Jhunjhunwala
  • Harshad Shantilal Mehta (correct)

    • What was the approximate amount of the 1992 Indian stock market scam in crores?

  • ₹ 2,000 crores
  • ₹ 10,000 crores
  • ₹ 8,000 crores
  • ₹ 5,000 crores (correct)

    • How much did the scam defraud investors of?

  • Over five million USD
  • Over ten million USD (correct)
  • Over fifty million USD
  • Over twenty million USD

    • What techniques were used by Harshad Mehta in the scam?

    <p>Signing fake cheques, misusing market loopholes, and fabrication to drive stock prices up</p> Signup and view all the answers

    What happened to the Indian stock market when the scam was discovered?

    <p>It collapsed</p> Signup and view all the answers

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