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    Question

    How long has SEBI banned First Overseas Capital from

    participating in the securities market? 
    A 6 months Correct Answer Incorrect Answer
    B 1 year Correct Answer Incorrect Answer
    C 2 years Correct Answer Incorrect Answer
    D 3 years Correct Answer Incorrect Answer
    E 5 years Correct Answer Incorrect Answer

    Solution

    SEBI banned First Overseas Capital, an investment banking firm, for two years and imposed a ₹20 lakh fine for violating underwriting norms, submitting false data, and conducting unauthorized non-market activities. The company also breached the 20x underwriting limit and took public deposits to meet obligations 

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