Question

What condition must be met for a transfer of a

Q: Answer-What condition must be met for a transfer of a Government security to be considered valid as per the...

Explanation Section 5. Transfer of Government securities1 No transfer of a Government security shall be valid if it does not purport to convey the full title to the security

Government security to be considered valid as per the Government Securities Act?

A It must include a transfer fee

B It must involve a partial transfer of title

C It must be conducted without proper authorization

D It must be approved by the Reserve Bank of India

E It must involve the conveyance of the full title to the security

Practice Next

More Administrative Interpretation and Maxims Questions

_____ in accounting refers to the quality of financial information that can be easily comprehended by its intended users?
Which of the following statement is not correct about SIDBI?
Which Act primarily governs the incorporation and functioning of companies in India?
Which is the first Indian company to be listed in NASDAQ?
The risk arising out of human errors, technical faults or lack of internal controls is called-
Currency Swap is an instrument to manage-
When the central bank (RBI) sells stocks and bonds in the market, the amount of money in the bank _______.
What is FCCB?
Goods and Services Tax in India is a tax based on which criteria?
In which market are funds typically transacted on an overnight basis?

What condition must be met for a transfer of a

Solution