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The certificate of registration of which company as a sub-broker has been cancelled by the Markets regulator Sebi? 
  • a)
    Sahara India Financial Corporation 
  • b)
    Angel Broking Franchise 
  • c)
    ICICI Direct Franchise 
  • d)
    Peerless Group
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
The certificate of registration of which company as a sub-broker has b...
Markets regulator Sebi cancelled the certificate of registration of Sahara India Financial Corporation Ltd as a sub-broker citing its failure to fulfill the “fit and proper” criteria.
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The certificate of registration of which company as a sub-broker has been cancelled by the Markets regulator Sebi?a)Sahara India Financial Corporationb)Angel Broking Franchisec)ICICI Direct Franchised)Peerless GroupCorrect answer is option 'A'. Can you explain this answer?
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