šŸ“¢ Too many exams? Don’t know which one suits you best? Book Your Free Expert šŸ‘‰ call Now!


    Question

    As per the SEBI (International Financial Services

    Centres) Guidelines, 2015 the stock exchanges operating in IFSC may permit dealing in ______________ types of securities and products in such securities in any currency other than Indian rupee.
    A Depository receipts Correct Answer Incorrect Answer
    B Index based derivatives Correct Answer Incorrect Answer
    C Debt securities issued by eligible issuers Correct Answer Incorrect Answer
    D All a b & c Correct Answer Incorrect Answer
    E Both a & b Correct Answer Incorrect Answer

    Solution

    Guideline 7 Permissible securities: The stock exchanges operating in IFSC may permit dealing in following types of securities and products in such securities in any currency other than Indian rupee, with a specified trading lot size on their trading platform subject to prior approval of the Board: (i) Equity shares of a company incorporated outside India; (ii) Depository receipt(s); (iii) Debt securities issued by eligible issuers; (iv) Currency and interest rate derivatives; (v) Index based derivatives; (vi) Such other securities as may be specified by the Board.

    Practice Next
    More Regulation and supervision Questions
    ask-question