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Multiple Choice Questions

How many firms have been banned by SEBI which are suspected to be platforms for tax evasion ........

Finance (RBI) Financial Institutions

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How many firms have been banned by SEBI which are suspected to be platforms for tax evasion?

500

600

764

More than 900

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Explanation:

Suspecting tax evasion of at least 5,000 to 6,000 crore rupees, Securities and Exchange Board of India (SEBI) has clamped down on a large number of organised syndicates who had set up shops to convert black money into legitimate-looking funds through the stock market platform.

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