Answer-Who may establish additional trading floor?

Section 13A of SCRA - Additional trading floor - A stock exchange may establish additional trading floor with the prior approval of the Securitie s and Exchange Board of India in accordance with the terms and conditions stipulated by the said Board.

Question

Who may establish additional trading floor?

A Stock Exchange with prior approval of Central Government

B Stock Exchange with prior approval of SEBI

C SEBI with prior approval of Central Government

D SEBI

E Stock Exchange

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Who may establish additional trading floor?

Solution