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.   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.   Depositories Act- Certificate of commencement of business – Similar question in SEBI Legal 2020 memory based paper/ Section test/mock test

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