New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the validity period of Shelf

    Prospectus?
    A 3 months Correct Answer Incorrect Answer
    B 6 months Correct Answer Incorrect Answer
    C 9 months Correct Answer Incorrect Answer
    D 1 year Correct Answer Incorrect Answer

    Solution

    1 year, Explanation: Section 31 The validity of the Shelf Prospectus shall be for a period not exceeding one year which shall commence from the date of opening of the first offer of securities under that prospectus.

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