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      Question

      A depository requires certificate for commencement of

      business from _____?
      A SEBI Correct Answer Incorrect Answer
      B Central Government Correct Answer Incorrect Answer
      C State Government Correct Answer Incorrect Answer
      D Appropriate Government Correct Answer Incorrect Answer
      E NCLAT Correct Answer Incorrect Answer

      Solution

      Section 3.ย ย  Certificate of commencement of business by depositories. (1) No depository shall act as a depository unless it obtains a certificate of commencement of business from the Board. ย  Depositories Act- Certificate of commencement of business โ€“ Similar question in SEBI Legal 2020 memory based paper/ Section test/mock test

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