As a part of the capital adequacy requirement, the base minimum capital prescribed by SEBI:
A)varies from exchange to exchange.
B)is based on the recommendations of the Kaul committee.
C)is based on the recommendations of the Justice Bhagwati Committee.
D)is the same across members of all exchanges.

Question

Quizplus · Accepted Answer

The base minimum capital prescribed by SEBI varies from exchange to exchange, as it is determined based on the specific requirements and conditions of each exchange.

As a Part of the Capital Adequacy Requirement, the Base