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With reference to the Securities and Exchange Board of India (SEBI), consider the following statements:1. It recently proposed to rationalise the definition of ‘promoter group’ and move to the concept of ‘person in control’ as well as lower the minimum lock-in periods for promoters and other shareholders after an IPO.2. The current definition of ‘promoter group’ focusses on encompassing holdings by a common group of individuals or persons and often results in including unrelated companies with common financial investors.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Securities and Exchange Board of India (SEBI), consider the following statements:1. It recently proposed to rationalise the definition of ‘promoter group’ and move to the concept of ‘person in control’ as well as lower the minimum lock-in periods for promoters and other shareholders after an IPO.2. The current definition of ‘promoter group’ focusses on encompassing holdings by a common group of individuals or persons and often results in including unrelated companies with common financial investors.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Securities and Exchange Board of India (SEBI), consider the following statements:1. It recently proposed to rationalise the definition of ‘promoter group’ and move to the concept of ‘person in control’ as well as lower the minimum lock-in periods for promoters and other shareholders after an IPO.2. The current definition of ‘promoter group’ focusses on encompassing holdings by a common group of individuals or persons and often results in including unrelated companies with common financial investors.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.

Solutions for With reference to the Securities and Exchange Board of India (SEBI), consider the following statements:1. It recently proposed to rationalise the definition of ‘promoter group’ and move to the concept of ‘person in control’ as well as lower the minimum lock-in periods for promoters and other shareholders after an IPO.2. The current definition of ‘promoter group’ focusses on encompassing holdings by a common group of individuals or persons and often results in including unrelated companies with common financial investors.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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