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    Question

    Which entity’s license was recently in the news for

    being cancelled or suspended by SEBI for regulatory non-compliance?
    A Specific algorithmic trading brokers Correct Answer Incorrect Answer
    B Reserve Bank of India Correct Answer Incorrect Answer
    C All public sector banks Correct Answer Incorrect Answer
    D The Indian Railways Correct Answer Incorrect Answer
    E LIC of India Correct Answer Incorrect Answer

    Solution

    SEBI frequently takes disciplinary action (license cancellation or fines) against specific brokers or investment advisors for violating trading norms.

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