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      Question

      What reform did the Department of Economic Affairs bring

      to the Securities Contracts (Regulation) Rules, 1957?
      A Scrapping brokerage licenses Correct Answer Incorrect Answer
      B Enforcing minimum capital requirements Correct Answer Incorrect Answer
      C Amending Rule 8 to ease broker operations Correct Answer Incorrect Answer
      D Limiting stock exchange timings Correct Answer Incorrect Answer
      E Mandating quarterly audits for brokers Correct Answer Incorrect Answer

      Solution

      Rule 8 was amended to modernize and simplify compliance for brokers, aligning with the evolving financial landscape.

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