General Knowledge · Financial Market Regulations
Section 28 of the Securities Contracts (Regulation) Act, 1956 exempts certain entities and transactions from the purview of the Act. Which of the following is specifically included in this exemption?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Private stock brokers only
- 2SEBI-regulated mutual funds only
- 3The Government, Reserve Bank of India, convertible bonds, share warrants, and special corporations✓
- 4All public limited companies
Correct answer
The Government, Reserve Bank of India, convertible bonds, share warrants, and special corporations
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