ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!
  • google app store apple app store
    • тЬЦ

      Question

      What condition must be met for a transfer of a

      Government security to be considered valid as per the Government Securities Act?
      A It must include a transfer fee Correct Answer Incorrect Answer
      B It must involve a partial transfer of title Correct Answer Incorrect Answer
      C It must be conducted without proper authorization Correct Answer Incorrect Answer
      D It must be approved by the Reserve Bank of India Correct Answer Incorrect Answer
      E It must involve the conveyance of the full title to the security Correct Answer Incorrect Answer

      Solution

      Explanation: Section 5. Transfer of Government securitiesтАФ(1) No transfer of a Government security shall be valid if it does not purport to convey the full title to the security

      Practice Next
      More Administrative Interpretation and Maxims Questions
      ask-question