New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The rights and obligations of the depositories,

    participants and the issuers whose securities are dealt with by a depository shall be specified by
    A The rules Correct Answer Incorrect Answer
    B The regulations Correct Answer Incorrect Answer
    C The orders of SEBI Correct Answer Incorrect Answer
    D The bye- laws Correct Answer Incorrect Answer
    E The directions of Central Government Correct Answer Incorrect Answer

    Solution

    Section 17 of Depositories Act Rights and obligations of depositories, etc—(1) Subject to the provisions of this Act, the right and obligations of the depositories, participants and the issuers whose securities are dealt with by a depository shall be specified by the regulations. (2) The eligibility criteria for admission of securities into the depository shall be specified by the regulations.

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