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    Question

    No person  shall  conduct,  organise  or  assist 

    in  organising any  stock  exchange  or  clearing corporation  unless  he  has  obtained 
    A Recognition from Central Government Correct Answer Incorrect Answer
    B Recognition from the Board Correct Answer Incorrect Answer
    C Certificate of commencement of business from Board Correct Answer Incorrect Answer
    D Certificate of commencement of business from Central Government Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations 2018 Recognition of Stock Exchanges and Clearing Corporations (Ch II) No  person  shall  conduct,  organise  or  assist  in  organising any  stock  exchange  or  clearing corporation  unless  he  has  obtained  recognition  from  the  Board

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