Question
What is the penalty for a person who fails to enter into
an agreement with a client as required under the Act or bye-laws of a recognized stock exchange?Solution
SCRA Section 23B. Penalty for failure by any person to enter into an agreement with clients.—If any person, who is required under this Act or any bye-laws of a recognised stock exchange made thereunder, to enter into an agreement with his client, fails to enter into such an agreement, he shall be liable to a penalty which shall not be less than one lakh rupees but which may extend to one lakh rupees for each day during which such failure continues subject to a maximum of one crore rupees for every such failure.
Directions: In each question below, word is used in four different ways. Choose the option in which the usage of the word is INCORRECT or INAPPROPRIATE....
(i) lucrative
(ii) indulge
(iii) benevolent
(iv) malicious
In each of the following questions, a word has been used in sentences in THREE different ways. Choose the option corresponding to the sentences in which...
Select the wrongly spelt word.
Notion
I. One common Chinese notion is that the elders ought to be respected.
II. I haven't the faintest notion what they mean.
III...
Direction: In each of the questions given below, four words are given in bold. These four words may or may not be in their correct position. The senten...
In the following question, four words have been given out of which one word is incorrectly spelt. Select the incorrectly spelt word.
In the following question, a word has been emboldened, which has been used in the sentences (A), (B), and (C). Find out the sentence(s) in which the e...
Helm
A. Please helm me with the right choice.
B. He has been at the helm of Lonrho for 31 years.
C. Isaac resembled a captain at th...
Select the word which means the same as the group of words given.
A large number of fish swimming together