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Question

Which Regulatory Authority recently imposed a fine of Rs 5-7 crore in the dark fiber case on the parties involved in the NSE Co-Location case?

A RBI Correct Answer Incorrect Answer
B SEBI Correct Answer Incorrect Answer
C IRDA Correct Answer Incorrect Answer
D NHB Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

The Securities Exchange Board of India (SEBI) has imposed a fine of Rs 5-7 crore in dark fiber case on the parties involved in the NSE Co-Location case. A penalty of Rs 7crore was imposed on the National Stock Exchange (NSE) and Rs 5 crore on Chitra Ramkrishna, former CEO and Managing Director of the NSE.

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