Question
What is the restriction on commission, brokerage,
discount, etc., on sale of shares as per the Banking Regulation Act?Solution
Section 13. Restriction on commission, brokerage, discount, etc., on sale of shares: Notwithstanding anything to the contrary contained in sections 76 and 79 of the Companies Act, 1956, no banking company shall pay out directly or indirectly by way of commission, brokerage, discount or remuneration in any form in respect of any shares issued by it, any amount exceeding in the aggregate two and one-half per cent. of the price at which the said shares are issued
Fill in the blank with the most appropriate word.
As soon as Hitler came to power he started ______ the Jews.
- In the question given below, there is a sentence of which some parts have been jumbled. Rearrange these parts, which are labeled as P, Q, R, and S, to prod...
Select the most appropriate word to fill in the blank.
He obtained 80% marks in Science in High School. He has qualified_______the science str...
Fill in the blanks with appropriate words.
Farmers have ………… and shared seeds without any intellectual property rights for a century. <...
T’ai Chi is a form of martial art but you don’t have to go harder or faster to reap fitness and health benefits. (_______________). Instead, it pla...
Sohail’s contract has been extended _____ another year.Â
Select the most appropriate word to fill in the blank.
I had a stroke at an early age, but what I thought was a great ______ at that time chang...
Add suitable question tags to the following statements from among the choices given below them.
 You’ll be coming early tomorrow, _______?
Its no use asking them what happened because they will _______________ a story, which will be believed by everyone.
The Reserve Bank of India (RBI)’s study group, which recently submitted its report on an external benchmark rate for banks, has revealed several s...