Bissoy.com
Doctors Medicines MCQs Q&A

The Securities and Exchange Board of India has slapped a penalty of how many rupees (in crores) on the National Stock Exchange for investing in six companies unrelated or non-incidental to the stock exchange business without approval from the capital markets regulator?

The Securities and Exchange Board of India has slapped a penalty of how many rupees (in crores) on the National Stock Exchange for investing in six companies unrelated or non-incidental to the stock exchange business without approval from the capital markets regulator? Correct Answer Rs 6 crores

The correct answer is Rs 6 crores.

  • The Securities and Exchange Board of India (SEBI) has slapped a penalty of Rs 6 crores on the National Stock Exchange (NSE).
  • It was fined for investing in six companies unrelated or non-incidental to the stock exchange business without approval from the capital markets regulator.
  • The exchange invested in Power Exchange India (PXIL), Computer Age Management Systems (CAMS), to name a few.

Related Questions

Arrange the sentences in the correct order to form a meaningful sequence. 1. Globalisation refers to the integration of markets in the global economy.  P. Developments in ICT, transport and communications have accelerated the pace of globalisation over the past 30 years.  Q. It leads to the increased interconnectedness of national economies. R. The globalisation of sport and entertainment is also a feature of the late 20th and early 21st centuries. S. Markets where globalisation is particularly common include financial markets, such as capital markets, money and credit markets, and insurance markets, commodity markets etc. 6. The internet has enabled fast and 24/7 global communication, and the use of containerisation has enabled vast quantities of goods and commodities to be shipped across the world at extremely low cost.
The question given below consists of a statement, followed by three arguments I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: India's burgeoning shadow finance sector is likely to face a shake-up after defaults at one major lender battered the nation's financial markets in the past week and reinforced worries about credit risk. Industry officials and experts say they expect Indian regulators to cancel the licences of as many as 1,500 smaller non-banking finance companies because they don't have adequate capital, and to also make it more difficult for new applicants to get approval. Which of the following argument(s) stated support(s) the given fact? Arguments: I. Better capitalised and more conservatively run finance firms are likely to swallow up an increasing number of smaller rivals. That could make it difficult for many small borrowers to get loans, especially in the countryside where two-thirds of India's 1.3 billion people live and put the brakes on a surge in private consumption with a knock-on effect on growth.  II. The shadow banking sector now comprises more than 11,400 firms with a combined balance-sheet worth 22.1 trillion rupees ($304 billion) and is less strictly regulated than banks. It has been attracting new investors, particularly as the nation's banks have had to slow their lending as they seek to work through $150 billion of stressed assets.  III. Nearly 11,000 of India's NBFCs are small and medium-sized businesses with an asset base of less than 5 billion rupees. But the top 400, many of which are backed by banks and finance companies, control about 90 percent of the assets under management.
In the following question, sentences of a paragraph have been jumbled and labeled as A, B, C, and D. You are required to rearrange the jumbled sentences of the paragraph and mark your response accordingly by selecting the correct option. A. The value of the mutual fund company depends on the performance of the securities it decides to buy. B. Investing in a share of a mutual fund is different from investing in shares of stock. C. When you buy a unit of a mutual fund, you are buying the performance of its portfolio. D. Mutual funds pool money from the investing public and use that money to buy other securities, usually stocks and bonds.
A boy puts only 5 rupees and 10 rupees coins in the piggy bank. On Monday he puts three 5 rupees coin, on Wednesday he puts one 10 rupees and two 5 rupees coin. Total amount in Piggy bank is 50 rupees. He puts only 5 rupees coin on Tuesday. How many 5 rupees coins he put on Tuesday?
A started a business investing Rs. 3000. After 3 months, B joined the business investing Rs. 2000. After some more time, C joined the business investing Rs. 1500. At the end of the year, profit from the business was Rs. 16000 and share of C was Rs.1600 out of the profit. For how many months C invested in the business?
Consider the following statements.
1. A profit maximising monopolist in different markets will adjust his sales in the two markets, so that his MR in each market just equals his MC.
2. A profit maximising monopolist in separate markets will not adjust his sales.
3. A profit maximising monopolist in separate markets will adjust his sales in the two markets, so that his MR in each market will greater than MC.
4. A profit maximising firm in separate markets will adjust his sales in each market so, that his MR is less than MC.
Which of the statement(s) given above is/are correct?
Which of the following is not an agreement in restraint of trade?
1. A sells the goodwill of his business with an agreement not to carry on a similar business within specified local limits, so long as the buyer carries on a similar business.
2. A sells the goodwill of his business with an agreement not to carry on a similar business within India, so long as the buyer carries on a similar business.
3. A sells the goodwill of his business with an agreement not to practice the same trade for 25 years.
4. A sells the goodwill of his business with an agreement not to engage in any business competing or liable to compete in any way with the business for the time being carried on by the buyer.
A started a business by investing Rs. 8400. After 2 months B and C joined him by investing Rs. 9000 and Rs. 6000 respectively. After 4 more months, B withdrawn 1/3 part of his capital, D joined them by investing Rs. 10000 and after 4 more months A withdrawn his whole capital. After one year, A took Rs. 8400 from the total profit for starting the business and the rest profit is distributed according to their ratio. If the difference between the shares of A and B is Rs. 9600, then find the total profit.
A and B started a business by investing in the ratio of 2 : 3. After 2 months, C joined them by investing 120% of A’s capital and after 2 more months, D joined them by investing 112.5% of A’s capital. After 6 more months, B withdraws his whole capital. If after 1 year the difference between profit shares of A and B together and that of C and D together is Rs. 7000, then find the total profit.
The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: World’s largest beer maker Heineken NV, the majority partner of United Breweries with Vijay Mallya, is understood to have sought legal opinion over its right to appoint a chairman at the Indian company. Heineken and some of its advisers believe that the shareholder agreement between Mallya and the beer giant has become null and void after India’s Enforcement Directorate attached his shares as part of its legal action against the liquor baron. Which among the following arguments support the above statement in the best possible manner? Arguments: I. UBL has stopped sharing confidential information with Mallya and has said that he is no longer privy to any strategic developments.  II. The board of UBL, India’s biggest beer company, had asked Mallya to either step down or appoint a nominee after the Securities and Exchange Board of India barred wilful defaulters from holding key board positions last year.  III. The company is functioning well and operations are in good shape but it is not good corporate governance to have an acting chairman for so long.