New Enroll for RBI, SEBI & NABARD Intro Class! April 18 at 9:15 PM

    Question

    What does a domestic company mean as per the SEBI

    (International Financial Services Centres) Guidelines, 2015?
    A A body corporate established under a Central or State legislation Correct Answer Incorrect Answer
    B An organization established under a Central or State legislation Correct Answer Incorrect Answer
    C A firm established under a Central or State legislation Correct Answer Incorrect Answer
    D A company and includes a body corporate or corporation established under a Central or State legislation for the time being in force Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Guideline 2 Definitions: (c) "domestic company" means a company and includes a body corporate or corporation established under a Central or State legislation for the time being in force.

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