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    Question

    As laid down under the Securities and Exchange Board of

    India (Prohibition Of Insider Trading) Regulations, no insider shall trade in securities that are listed or proposed to be listed on a stock exchange when in possession of ________________
    A Unpublished price information Correct Answer Incorrect Answer
    B Published price information Correct Answer Incorrect Answer
    C Unpublished price insensitive information Correct Answer Incorrect Answer
    D Published price sensitive information Correct Answer Incorrect Answer
    E Unpublished price sensitive information Correct Answer Incorrect Answer

    Solution

    Trading when in possession of unpublished price sensitive information: 4: (1) No insider shall trade in securities that are listed or proposed to be listed on a stock exchange when in possession of unpublished price sensitive information.

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