Question
Ready delivery contract means a contract which provides
for the delivery of goods and the payment of a price thereforSolution
Securities Contract Regulation Act - "ready delivery contract" means a contract which provides for the delivery of goods and the payment of a price therefor, either immediately, or within such period not exceeding eleven days after the date of the contract and subject to such conditions as the Central Government may, by notification in the Official Gazette, specify in respect of any goods, the period under such contract not being capable of extension by the mutual consent of the parties thereto or otherwise: Provided that where any such contract is performed either wholly or in part: (I)by realisation of any sum of money being the difference between the contract rate and the settlement rate or clearing rate or the rate of any offsetting contract; or (II)by any other means whatsoever, and as a result of which the actual tendering of the goods covered by the contract or payment of the full price therefor is dispensed with, then such contract shall not be deemed to be a ready delivery contract;
With reference to the State Disaster Response Fund (SDRF) and disaster management in India, consider the following statements:
1.The SDRF is prim...
Which sector experienced the highest growth in the Index of Eight Core Industries (ICI) in June 2024?
With what percentage of votes did Paul Kagame win his fourth term as Rwandan President?
Who were awarded the Player of the Year in men's and women's categories at the sixth Hockey India Annual Awards?
Which entity experienced a significant increase in steel imports from India in the first quarter of FY25?
(A) The people of his country had made / (B) him there king; but as soon as / (C) he had made good laws for / (D) them he gave up his crown.
Which organization was upgraded from 'Schedule B' to 'Schedule A' in the Central Public Sector Enterprises (CPSEs) category as of July 2024?
The Ministry of New and Renewable Energy recently issued scheme guidelines for the implementation of the “SIGHT Programme – Component II: Incentive ...
What is the name of the AI-based chatbot launched by the Securities and Exchange Board of India (SEBI) in July 2024 to assist investors?
Which key feature was introduced by Airtel Payments Bank to enhance account security?