Question
All monies received on application from the public for
subscription to the securities shall be kept in a separate bank account in a scheduled bank and shall not be utilised for any purpose other than_________________Solution
Section 40 Securities to be dealt with in stock exchanges - (3) All monies received on application from the public for subscription to the securities shall be kept in a separate bank account in a scheduled bank and shall not be utilised for any purpose other than— (a) for adjustment against allotment of securities where the securities have been permitted to be dealt with in the stock exchange or stock exchanges specified in the prospectus; or (b) for the repayment of monies within the time specified by the Securities and Exchange Board , received from applicants in pursuance of the prospectus, where the company is for any other reason unable to allot securities
Which of the following is a key eligibility criterion for availing funding under the ARISE project funding product?
Which of the following Statements about Kisan Credit Card Scheme (KCC) is/are True?
I- It was introduced in 1998.
II- The scheme was ...
Deposit Insurance and Credit Guarantee Corporation (DICGC) provide funds up to Rs 5 lakh to an account holder within the Period of ________days.
Who is the head of the committee appointed for Capital Account Convertibility in Banks?
As per the revised PSL guidelines 2025, the loan limit under Priority Sector Lending for education has been raised to what amount? Â
The Risk-Based Internal Audit (RBIA) system is mandated for
What is the mandatory subscription period after which a non-government subscriber under NPS, can withdraw in case of voluntary retirement? Â
Which of the following is a key feature of the Green Finance Scheme (GFS) aimed at promoting green initiatives among MSMEs?
__________ and Reserve Bank Innovation Hub (RBIH) have come together to focus their efforts on enhancing the reach of financial solutions to large secti...
India offers $40 mn line of credit to boost sports infrastructure in which of the following Asian country?
