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

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What condition must be met for a transfer of a

Solution