Complete the sentence about Philippine Stock Exchange with the correct year: The exchange was created in ______ from the merger of the Manila Stock Exchange and the Makati Stock Exchange.
Answer and explanation
Correct answer: D. 1992
The Philippine Stock Exchange is the national stock exchange of the Philippines. It was created in 1992 when the Manila Stock Exchange and the Makati Stock Exchange merged, though earlier forms of the exchange have operated from 1927 onward. The other options are different years, and only 1992 matches the merger that formed the exchange.
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