Question
Who among the following cannot be appointed as member of
Securities Appellate Tribunal?Solution
Section 15M of SEBI Act 15M. Qualification for appointment as Presiding Officer, Judicial Member and Technical Member— A person shall not be qualified for appointment as the Presiding Officer or a Judicial Member or a Technical Member of the Securities Appellate Tribunal, unless he— (a) is, or has been, a Judge of the Supreme Court or a Chief Justice of a High Court or a Judge of High Court for at least seven years, in the case of the Presiding Officer; and (b) is, or has been, a Judge of High Court for at least five years, in the case of a Judicial Member; or (c) in the case of a Technical Member–– (i) is, or has been, a Secretary or an Additional Secretary in the Ministry or Department of the Central Government or any equivalent post in the Central Government or a State Government; or (ii) is a person of proven ability, integrity and standing having special knowledge and professional experience, of not less than fifteen years , in financial sector including securities market or pension funds or commodity derivatives or insurance
What is the rate of interest earned on CRR maintained by banks with RBI?
The government of a developing country is facing a high fiscal deficit due to increased spending on social welfare programs and infrastructure projects....
What is the difference between intrinsic and extrinsic motivation?
What is the minimum Net Owned Fund required for a Asset Reconstruction Company?
In Capital Asset pricing model, beta measures the
What are super normal profits made by companies due to an unprecedented event, as indicated in the para above, known as?
A setup in which group of individuals or entities decides to pool resources towards fulfilling a debt or financing a single borrower wherein the setup i...
According to the circular on KYC amendments, politically exposed persons (PEPs) fall under enhanced due diligence requirements. Which of the following i...
As of February 2024, in which of the following foreign countries, an Indian traveller cannot pay for local purchases through UPI?
What is the role of the Insurance Ombudsman in India?