2019
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
GPay
|
|
PhonePe
|
|
Paytm Money
|
|
MobiKwik
|
Detailed explanation-1: -Arrange the NOC from SEBI: You need to fill the application form in the given format. Submit all the required papers along with the application form. Understand SEBI regulations: Go through the complete list of regulations formulated by SEBI that you need to follow to carry on with your regular business activities.
Detailed explanation-2: -The Board on being satisfied that the stock-broker is eligible, shall grant a certificate in ‘Form D’ to the stock-broker and send an intimation to that effect to the stock exchange or stock exchanges as the case may be.
Detailed explanation-3: -Any person who is appointed as such by a trading member and who provides access to trading platform of a stock exchange as an agent of the stock broker is an Authorised person.
Detailed explanation-4: -Section 11(2) of Securities and Exchange Board of India Act, 1992 provides that the SEBI would register and regulate the working of stock brokers and sub brokers.