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Under Section 12(1) of the Securities and Exchange Board of India Act, 1992, which specific compliance instrument must an intermediary associated with the securities market obtain from the Board to legally buy, sell, or deal in securities?
Any approval certificate granted by a recognized Stock Exchange following their internal governance bye-laws
A certificate of registration obtained from the Board in accordance with the regulations made under this Act
A formal structural clearance granted by the Ministry of Finance after reviewing the capital adequacy clause
A provisional operating license issued by the Central Government under the specified rules of this enactment
A certificate of registration obtained from the Board in accordance with the regulations made under this Act
Practice and solve "Under Section 12(1) of the Securities and Exchange Board of India Act, 1992, which specific complian..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option B: A certificate of registration obtained from the Board in accordance with the regulations made under this Act. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "Under Section 12(1) of the Securities and Exchange Board of India Act, 1992, which specific complian..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option B: A certificate of registration obtained from the Board in accordance with the regulations made under this Act. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
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