Question

According to the Securities and Exchange Board of India (Depositories and Participants) Regulations a public interest director on the board of a depository _____________

A Shall not act simultaneously as director on the board of its subsidiary
B Shall not act simultaneously as director on the board of any other depository or recognized stock exchange
C Shall not act simultaneously as director on the board of subsidiary of any other depository or recognized clearing corporation
D Shall act simultaneously as director on the board of its subsidiary or on the board of any other depository or recognized clearing corporation or on the board of recognized clearing corporation
E Shall not act simultaneously as director on the board of its subsidiary or on the board of any other depository or recognized stock exchange or recognized clearing corporation or on the board of subsidiary of such other depository or recognized stock exchange or recognized clearing corporation
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