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The Securities and Exchange Board of India (SEBI) has debarred Zee Entertainment Enterprises (Zee) promoter and Essel group Chairman Subhash Chandra and Managing Director (MD) and Chief Executive Officer (CEO) Punit Goenka from holding key positions in any listed company for allegedly diverting assets of Essel Group companies.The matter pertains to the Letter of Comfort (LoC) granted by Chandra in September 2018 towards credit facilities taken by certain group companies from YES Bank. The credit amounted to Rs 200 crore.The allegations are that these guarantees were given without approval from the board and were used to siphon off funds by the promoters.
Consider the following statements about Geoglyphs:
1. Recently a geoglyph in the form of a circle, has been unearthed on J and K
2. It...
Which of the following is NOT a primary threat to freshwater biodiversity in the Western Ghats as identified by the IUCN?
Consider the following:
I.National Education Policy 2020 (NEP 2020) unequivocally endorses and envisions a substantial increase in public investm...
When was the collegium system first introduced?
Consider the following statements:
1. Most of the world's coral reefs are in tropical waters
2. More than one-third of the world's coral...
Who was recently elected as the President of the Supreme Court Bar Association (SCBA)?
In which state was 'Mukhyamantri Vriksh Sampada Yojana' launched on the occasion of World Forest Day 2023?
Who authored the book Poverty and Un-British Rule in India?
With reference to International Coffee Organization (ICO), consider the following statements:
1.It was established in 1963 and works under the au...
What is the projected credit growth goal for MSMEs between FY24-27?
