Question
On which of the following ground can the Central
Government supersede the Board?Solution
Section 17 of SEBI Act - (1) If at any time the Central Government is of opinion— (a) that on account of grave emergency, the Board is unable to discharge the functions and duties imposed on it by or under the provisions of this Act; or (b) that the Board has persistently made default in complying with any direction issued by the Central Government under this Act or in the discharge of the functions and duties imposed on it by or under the provisions of this Act and as a result of such default the financial position of the Board or the administration of the Board has deteriorated; or (c) that circumstances exist which render it necessary in the public interest so to do, the Central Government may, by notification, supersede the Board for such period, not exceeding six months, as may be specified in the notification.
Two people enter a bus. Two adjacent cramped seats are free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sit...
Which branch of economics deals with the study of the economic activities of individual units?
The marginal cost curve is__________.
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
Which of the following is true for a normal good when there is a decrease in consumer income?
Two people enter a bus. Two adjacent cramped seats are free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sit...
Which of the following grants are provided from the center's resources over the 2021-26 period?
i) Grants to local bodies
ii) Disaste...
Which of the following are features of India's Green Revolution from the mid-1960s to the mid-1980s?
(1) Increase in crop productivity
Consider a Keynesian Cross Model with following features, Consumption Function: C= C0 + b (Y – T) Â
Tax Function: T = T0 + tY Â
I...
Jammu and Kashmir FRBM Act, 2006 has been passed as per the recommendation of_______.