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“securities” include— (i) shares, scrips stocks, bonds, debentures, debenture stock or other marketable securities of a like nature in or of any incorporated company or or a pooled investment vehicle or other body corporate; (ia) derivative; (ib) units or any other instrument issued by any collective investment scheme to the investors in such schemes; (ic) security receipt as defined in clause (zg) of section 2 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002); (id) units or any other such instrument issued to the investors under any mutual fund scheme; (ida) units or any other instrument issued by any pooled investment vehicle;] Explanation—For the removal of doubts, it is hereby declared that "securities" shall not include any unit linked insurance policy or scrips or any such instrument or unit, by whatever name called, which provides a combined benefit risk on the life of the persons and investment by such persons and issued by an insurer referred to in clause (9) of section 2 of the Insurance Act, 1938(4 of 1938). (ie) any certificate or instrument (by whatever name called), issued to an investor by any issuer being a special purpose distinct entity which possesses any debt or receivable, including mortgage debt, assigned to such entity, and acknowledging beneficial interest of such investor in such debt or receivable including mortgage debt, as the case may be; (ii) Government securities; and (iii) rights or interests in securities
The marks scored by a boy in three subjects are in the ratio 2 : 3 : 5. Boy scored an overall aggregate of 60% in the exam. If the maximum marks in each...
Monthly income of P is Rs.16000 and his monthly savings is Rs.10500. If his monthly income is decreased by 25% and monthly expenditure is decreased by 1...
Bella scored 20% marks in a test and failed by 75 marks, whereas Tara scored 40% marks in the same test and failed by 25 marks. Find the passing marks o...
The total strength of school A is 40% more than that of school B. In school A and B, out of total number of students, 10% and 30% respectively are girls...
A number when reduced by 35% gives 195. Find the number?
P spends 26% of his salary on transportation, 24% on food, 22% on children’s education and 19% on medical. He deposits the remaining amount of Rs....
The total strength of school A is 40% more than that of school B. In school A and B, out of total number of students, 25% and 40% respectively are girls...
A man spent 50% of his income in May. If his savings is increased by 30% in June and becomes Rs. 9100, then find the income of man in May.
A person spent 22% of his monthly income on food and 77% of the remaining on rent. If amount spent on rent is Rs 600.6, then find the amount spent on fo...
A student multiplied a number by 3/5 instead of 5/3, What is the percentage error in the calculation ?
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