Start learning 50% faster. Sign in now
As per the information given below, the correct answer is option C. Capital markets regulator Sebi cancelled the registration of brokerage firm Karvy Stock Broking Ltd (KSBL) for mis-utilising clients' funds and securities. Cancelling the registration, Sebi said that Karvy was involved in transferring of funds from clients' accounts to own accounts. Such funds were, in turn transferred to the group companies of the brokerage house. Further, it raised funds by pledging clients' securities. Going by the order, the overall borrowing of Karvy, which was raising loans from financial institutions by pledging shares of its clients as collateral, was Rs 2,032.67 crore by September 2019 and the value of securities pledge by the stock broker was Rs 2,700 crore during the period. In addition, the brokerage firm did not settle clients' funds and securities, failed to furnish details of bank accounts and depository participant accounts and failed to cooperate with the forensic auditor in the proper assessment of the assets and liabilities of the member towards clients, Sebi said in its order.
Choose the right water image of the given question from the given options.
Select the option that is related to the third word in the same way as the second word is related to the first word.
(The words must be considere...
Which two signs should be interchanged to make the given equation correct?
114 ÷ 85 + 5 × 4 – 33 = 149
If the given sheet is folded to form a cube, which of the given figures are possible?
(The elements are shown to indicate the sides only.)
8 is related to 512 following a certain logic. Following the same logic, 12 is related to 1728. To which of the following is 15 related, following the s...
Find the missing code letter from the following response:
PGO, QHP, RIQ, _________
Select the option that most closely resembles the image formed in the mirror of the given combination.
Select the option that represents the correct order of the given words as they would appear in an English dictionary.
1. Machine
2. Macabr...
Select the option which is related to the fifth letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster and t...
'Dove' is related to 'peace' in the same way as 'sloth' is related to: