Question

    Why did SEBI cancel the registration of Karvy Investor

    Services Ltd. (KISL) as a merchant banker?
    A Breach of eligibility criteria Correct Answer Incorrect Answer
    B Violation of securities trading regulations Correct Answer Incorrect Answer
    C Money laundering activities Correct Answer Incorrect Answer
    D Insider trading practices Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

      SEBI cancelled the registration of Karvy Investor Services Ltd. (KISL) as a merchant banker due to breach of eligibility criteria.

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