Question
Securities and Exchange Board of India (SEBI) notified
thatĀ mutual fund distribution platforms registering as Category-II execution-only platforms (EOPs), under the stockbroker segment, will have to maintain a _________deposit with the stock exchange.Solution
Ā Securities and Exchange Board of India (SEBI) notified thatĀ mutual fund distribution platforms registering as Category-II execution-only platforms (EOPs), under the stock broker segment, will have to maintain a ~10 lakh deposit with the stock exchange.Ā According to existing regulations, stock brokers have to maintain a base minimum capital deposit with the stock exchanges.Ā However, entities already registered with the stock exchange under any of the segments will not have to pay the deposit again.
The two statements are given below, one is a statement (A) and the other is the reason (R).
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I.Ā Ā Ā Ā Ā Ā Ā Ā It is being implemented by the...
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Government issues equity instruments in primary market
