Question
What is the restriction on commission, brokerage,
discount, etc., on sale of shares as per the Banking Regulation Act?Solution
Section 13. Restriction on commission, brokerage, discount, etc., on sale of shares: Notwithstanding anything to the contrary contained in sections 76 and 79 of the Companies Act, 1956, no banking company shall pay out directly or indirectly by way of commission, brokerage, discount or remuneration in any form in respect of any shares issued by it, any amount exceeding in the aggregate two and one-half per cent. of the price at which the said shares are issued
Operant conditioning can be described as a learning ______ that is used to modify or change a personrsquo;s behaviour through experiences and consequences.
Select the most appropriate option to substitute the underlined segment in the given sentence. If there is no need to substitute it, select ‘No substi...
Select the most appropriate word for the given group of words.
Group of bees
The export curbs __________ last week came within a couple of days of the ministry’s announcement that official delegations would __________ to sever...
He said this decision (A) was taken at the behead (B) of the Chief Minister, who said that devotees (C) should not be inconvenienced (D) in any manner....
Select the most appropriate option to substitute the underlined segment in the given sentence. If there is no need to substitute it, select ‘No substi...
The new Prime Minister will now have to build on his successor’s (A) / predecessor’s (B) success and address his failures.
The countr...
Select the most appropriate ANTONYM of the given word.
Modest
Abstain
Select the most appropriate synonym of the given word.Â
RELUCTANT
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