CS Executive · Capital Market and Securities Laws · Securities Market Intermediaries
Under the SEBI Act, 1992, which of the following intermediaries is covered by the clause on registering and regulating depositories, participants, custodians of securities, foreign institutional investors and credit rating agencies?
A credit rating agency is covered by Section 11(2)(ba), which deals with depositories, participants, custodians, foreign institutional investors and credit rating agencies. Registrars to an issue, bankers to an issue and underwriters fall under the separate clause (b).
- ARegistrar to an issue
- BCredit rating agencyCorrect
- CBanker to an issue
- DUnderwriter
Explanation
Section 11(2)(ba) names depositories, participants, custodians, foreign institutional investors and credit rating agencies. Registrars, bankers to an issue and underwriters are listed separately in clause (b).
Did you get it right without looking?
One question tells you little. A timed set on Securities Market Intermediaries shows your real accuracy, how long you take and where you lose marks.
More Securities Market Intermediaries questions
- SEBI attaches the bank account of a depository participant under Section 11(4)(e) for alleged violations. What must SEBI do about the attach…
- SEBI finds that Kiran Brokers, a registered stock-broker, breached its registration conditions and wants to suspend its certificate. What do…
- Before SEBI was established, Mehta Registrars acted as a registrar to an issue without any registration, as none was then required. Under th…
- SEBI attaches the bank account of a depository participant that is alleged to have violated the SEBI Act through a particular set of transac…
- SEBI passes an order attaching bank accounts of an intermediary suspected of violating the SEBI Act, 1992 under Section 11(4)(e). Which stat…
- Under the SEBI Act, 1992, the Board's duty to register and regulate the working of depositories and participants is stated in which provisio…