GS PrelimsEconomyStock Market2008

What does S & P 500 relate to?

Supercomputer

A new technique in e-business

A new technique in bridge building

An index of stocks of large companies

Correct Answer: Option D

Explanation

1. The S & P 500 stands for the Standard & Poor's 500 Index. 2. It is a stock market index that represents the performance of stocks of 500 of the largest companies listed on stock exchanges in the United States. 3. It is one of the most commonly followed equity indices and is considered a benchmark for the overall health of the U.S. stock market and economy. 4. It does not relate to a Supercomputer, e-business technique, or bridge building technique.

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