Question

    The Investor and Education Fund is established by the

    Central Government under ______ of the Companies Act, 2013. The Chairman of this fund is __________.
    A Section 124, Nirmala Sitharaman Correct Answer Incorrect Answer
    B Section 125, Anurag Singh Thakur Correct Answer Incorrect Answer
    C Section 124, Ajay Tyagi Correct Answer Incorrect Answer
    D Section 125, Shri Manoj Govil Correct Answer Incorrect Answer
    E Section 127, Manoj Pandey Correct Answer Incorrect Answer

    Solution

    Investor Education and Protection Fund is e stablished under Section 125 of the Companies Act, 2013 ·         It is established for: o   promotion of investors’ awareness o   protection of the interests of investors ·         The Central Government constitutes an authority for administration of the Fund consisting of o   a chairperson o   other members, not exceeding seven and o   a chief executive officer The ex-officio Chairperson of the fund is Shri Manoj Govil, Secretary, Ministry of Corporate Affairs

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