Question
Where a depository fails to conduct its business with
its participants or any issuer or its agent or any person associated with the securities markets in a fair manner, it shall be liable to penaltySolution
Section 19FA of Depository Act - Penalty for failure to conduct business in a fair manner- Where a depository fails to conduct its business with its participants or any issuer or its agent or any person associated with the securities markets in a fair manner in accordance with the rules, regulations made by the Board or directions issued by the Board under this Act, it shall be liable to penalty which shall not be less than five crore rupees but which may extend to twenty-five crore rupees or three times the amount of gains made out of such failure, whichever is higher.
The former Prime Minister of which country died on 8th July, 2022 as he was shot from a gun while participating in an election campaign?
Samir V Kamat is appointed as the chairman of ______ organization?
Alaknanda and Bhagirathi rivers meet at which location?
What is the SI unit of electric current?
What is the maximum contribution of GoI towards stipend under National Apprenticeship Promotion Scheme. ?
In a Strategic Disinvestment of Neelachal Ispat Nigam Limited (NINL) which company has acquired it for Rs 12,100 crore?
Which financial services provider launched the advanced ‘Push Provisioning’ platform?
Who is regarded as the father and founder of PRL (Physical Research Laboratory)?
The Reserve Bank of India - Digital Payments Index (RBI-DPI) comprises five broad parameters. Which of the following is NOT one of these parameters?
Which of the following Formula One(F1 ) racers will retire from all types of racing at the end of 2022 season?