Question

The Investor and Education Fund is established by the Central Government under ______ of the Companies Act, 2013. The Chairman of this fund as of February 2022 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, Rajesh Verma 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 as of February 2022 is Mr. Sh. Rajesh Verma, Secretary, Ministry of Corporate Affairs.

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