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Recently, Stock market regulator SEBI has imposed trade restrictions on 331 firms which are suspected of being “shell companies”. Which of the following is NOT an activity generally carried out using shell companies?
  • a)
    Trade and normal business
  • b)
    Financial for some unstated objectives
  • c)
    Illegal financial activities
  • d)
    Violation of intellectual rights and properties
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Recently, Stock market regulator SEBI has imposed trade restrictions o...
Shell companies are created for unstated / hidden objectives of financial manoeuvres and not for normal trade.
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Recently, Stock market regulator SEBI has imposed trade restrictions on 331 firms which are suspected of being “shell companies”. Which of the following is NOT an activity generally carried out using shell companies?a)Trade and normal businessb)Financial for some unstated objectivesc)Illegal financial activitiesd)Violation of intellectual rights and propertiesCorrect answer is option 'A'. Can you explain this answer?
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Recently, Stock market regulator SEBI has imposed trade restrictions on 331 firms which are suspected of being “shell companies”. Which of the following is NOT an activity generally carried out using shell companies?a)Trade and normal businessb)Financial for some unstated objectivesc)Illegal financial activitiesd)Violation of intellectual rights and propertiesCorrect answer is option 'A'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about Recently, Stock market regulator SEBI has imposed trade restrictions on 331 firms which are suspected of being “shell companies”. Which of the following is NOT an activity generally carried out using shell companies?a)Trade and normal businessb)Financial for some unstated objectivesc)Illegal financial activitiesd)Violation of intellectual rights and propertiesCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Recently, Stock market regulator SEBI has imposed trade restrictions on 331 firms which are suspected of being “shell companies”. Which of the following is NOT an activity generally carried out using shell companies?a)Trade and normal businessb)Financial for some unstated objectivesc)Illegal financial activitiesd)Violation of intellectual rights and propertiesCorrect answer is option 'A'. Can you explain this answer?.
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