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    5. Under which of the following section the merchant banker cannot carry on any business other than in

    Question

    Under which of the following section the merchant banker

    cannot carry on any business other than in the securities market?
    A 12 A Correct Answer Incorrect Answer
    B 12 C Correct Answer Incorrect Answer
    C 13 A Correct Answer Incorrect Answer
    D 13 D Correct Answer Incorrect Answer
    E 13 E Correct Answer Incorrect Answer

    Solution

      The regulation 13A of merchant bankers clearly states that a merchant banker cannot carry on any business other than in the securities market

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