Get Started with ixamBee
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.
A and B started a business with investments in the ratio 5:4 respectively. After 4 months, C joined them with an investment 50% more than the inv...
‘A’ and ‘B’ started a business by investing certain sum in the ratio 8:5, respectively for 4 years. If 22% of the total profit i...
If the ratio of time periods of investment of A and B is 4:5, profit at the end of the year is Rs.150000 and A’s share in it is Rs.30000, then what is...
A and B started a business. After 2 years they got Rs.1425 as profit. Find the ratio of the investments of A and B, if A’s share is Rs.525.
Rs. 51,000 is divided among three brothers Animesh, Paritosh and Ashutosh in such a way that Animesh’s share is `1(4)/(5)` times of Parito...
A and B together start a business with investment of Rs. 1500 and Rs. (x + 600), respectively. If the profit earned after 5 years is Rs. 5000 and share ...
Simran and Indu started a business investing Rs. 110, 000 and Rs. 80,000 respectively. In what ratio the profit earned after 2 years be divided between ...
A, B and C invest in a partnership in the ratio 6:3:8 and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C i...
Two partners A and B invested Rs 70,000 and Rs 50,000 respectively in a business. Both the partners distribute 75% of the profit equally and distribute ...
Ashu and Sunil together start a business with investment of Rs. 1800 and Rs. ‘x + 1000’, respectively. If the profit earned after 5 years is Rs. 640...
