Finance · Financial Markets
Under the SEBI (SAST) Regulations, 2011, which entity qualifies as a 'public sector undertaking'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Any Asset Management Company running a public mutual fund
- 2A Foreign Portfolio Investor registered with SEBI
- 3A private company listed on a recognized stock exchange
- 4A target company in which the Central Government or a State Government holds a majority of shares or exercises control✓
Correct answer
A target company in which the Central Government or a State Government holds a majority of shares or exercises control
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