Question

    Which Section of SCRA prohibits stock exchanges other

    than recognized stock exchanges?
    A Section 17 Correct Answer Incorrect Answer
    B Section 18 Correct Answer Incorrect Answer
    C Section 18A Correct Answer Incorrect Answer
    D Section 19 Correct Answer Incorrect Answer
    E Section 21 Correct Answer Incorrect Answer

    Solution

    17. Licensing of dealers in securities in certain areas. 17A. Public issue and listing of securities referred to in sub-clause (ie) of clause (h) of section 2. 18. Exclusion of spot delivery contracts from sections 13, 14, 15 and 17. 18A. Contracts in derivatives. 19. Stock exchanges other than recognised stock exchanges prohibited. 21. Conditions for listing

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