Multiple Choice Questions on Lok Sabha approved the Securities Laws Amendment Bill 2014 recently consider the following regarding........... for UPSC Civil Services Examination (General Studies) Preparation

Back to Main Page

Multiple Choice Questions

Lok Sabha approved the Securities Laws Amendment Bill 2014 recently consider the following regarding...........

Economic Affairs Financial Institutions
    Download Solution PDF

    Lok Sabha approved the Securities Laws (Amendment) Bill 2014 recently, consider the following regarding the same:

    1)    SEBI will work as Quasi Judicial body.

    2)    SEBI will not require any kind of prior permission.

    3)    The bill seeks to make some structural changes in SEBI.

     Select the correct statement/s using codes given below.

    1 and 2

    Incorrect Answer

    2 and 3

    Incorrect Answer

    1 only

    Correct Answer

    All of the above

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Financial Institutions
    Prepare through Micro-courses
    Try Now
    Explanation:
    2nd and 3rd statements are incorrect. 
    Government had promulgated the Securities Laws (Amendment) Ordinance, 2013 on 18th July, 2013 to empower Securities Exchange Board of India (SEBI) to initiate action against such schemes. 
     

    By: Abhipedia
    ProfileResources

    Let's Discuss

    Master
    Financial Institutions
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free