Question

    Which former executive of Care Ratings has been barred

    by SEBI from associating with any stock market intermediary for two years?
    A SB Mainak Correct Answer Incorrect Answer
    B Rajesh Mokashi Correct Answer Incorrect Answer
    C Both SB Mainak and Rajesh Mokashi Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer
    E The article doesn't mention a name. Correct Answer Incorrect Answer

    Solution

    The Securities and Exchange Board of India (Sebi) directed Rajesh Mokashi, former Managing Director & Chief Executive Officer (CEO) of Care Ratings to not associate with any stock market intermediary for a period of two years. The market regulator, meanwhile, disposed of the proceedings against SB Mainak, the former Non-Executive Chairman of Care Ratings, noting that there was insufficient material on record to prove any interference in the ratings process.

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