BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Maintenance of high degree of standards of integrity and fairness in dealings
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Providing true and adequate information to investors and abide by the provisions of various acts, rules and regulation etc
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Ethical conduct of business and provision of information to customers in respect of code
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All of the above
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Detailed explanation-1: -CODE OF CONDUCT FOR MERCHANT BANKERS integrity and fairness in all his dealings with his clients and other merchant bankers. A merchant banker shall render at all times high standards of service, exercise due diligence, ensure proper care and exercise independent professional judgement.
Detailed explanation-2: -(a) inquiries from investors are adequately dealt with; (b) grievances of investors are redressed in a timely and appropriate manner; (c) where a complaint is not remedied promptly, the investor is advised of any further steps which may be available to the investor under the regulatory system.
Detailed explanation-3: -The four categories of merchant bankers issued by SEBI: 1. First category i. Who act as an advisor or consultant to an issue 2. Secondary category ii.