Question

    Which of the following statements is/are incorrect regarding the fines imposed on Hindustan Zinc and others?

    1. Hindustan Zinc Ltd was fined ₹5.37 lakh each by BSE and NSE for non-compliance with SEBI regulations on board composition.

    2. KIOCL was fined by BSE and NSE for not having half of its board as independent directors.

    3. Dish TV was fined ₹5.36 lakh each by BSE and NSE for non-compliance with SEBI norms.

    A Only 1 and 2 Correct Answer Incorrect Answer
    B Only 1 and 3 Correct Answer Incorrect Answer
    C Only 2 and 3 Correct Answer Incorrect Answer
    D All 1, 2, and 3 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Statement 1 has a slight error in the fine amount, and statement 3 contains incorrect details about the companies fined.

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