General Knowledge · Corporate Laws
Recognition granted to a stock exchange may be withdrawn by the Central Government as per the Securities Contracts (Regulation) Act, 1956:
- 1Without any prior notice
- 2Only if the exchange fails to submit annual reports
- 3In the public interest or trade interest after giving the exchange a hearing✓
- 4Only on the exclusive recommendation of SEBI without a hearing
Correct answer
In the public interest or trade interest after giving the exchange a hearing
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