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
5Â Â Â Â 13Â Â Â Â 36Â Â Â Â 145Â Â Â Â Â 719Â Â Â Â 4321
41 28 ? 15 67 2
In each of the following questions the number series is given. One term of the series is denoted by x. You have to calculate of value of x and by using ...
2342 2223 2090 1943 1782 ?
...299, 302, 308, 317, ?, 344
95 186 376 748 1500 ?
...If  2  4  6  x  14  28  30
Then, x³+ 2 x+1 = ?
13 22 40 67 103 ?
...D irection: Which of the following will replace ‘?’ in the following series
9, ‘?’, 1242, 1581, 1783
...9060 5685 3488 2157 1428 1077
