Question

    According to regulation 29 (3) of Securities and

    Exchange Board of India (Depositories and Participants) Regulations, 2018, which functions are given higher priority by the depository? 
    A Critical operations Correct Answer Incorrect Answer
    B Sales Correct Answer Incorrect Answer
    C Business development Correct Answer Incorrect Answer
    D Finance Correct Answer Incorrect Answer
    E Product management Correct Answer Incorrect Answer

    Solution

    As per Reg 29- (3) The functions under the verticals as provided at clause (a) and (b) of sub-regulation1 shall be given higher priority by the depository over the functions under the vertical as provided at clause (c)of sub-regulation (1).

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