In this article, we are providing you MCQs on Securities Contracts Regulation Act 1956 which will help you to understand The Securities Contracts Regulation Act 1956 MCQ pdf with Answers multiple choice questions, MCQ on scra act, SEBI Act
MCQs on Securities Contracts Regulation Act 1956
1) When did The Securities Contracts Regulation Act 1956, come into force?
A) 01 April 1956
B) 01 March 1957
C) 20 February 1957
D) 23 April 1956
Answer –C) 20 February 1957
2) Which section of The Securities Contracts Regulation Act 1956 deals with the Power of recognized stock exchanges to make bye-laws?
A. Section 12 of The Securities Contracts Regulation Act 1956
B. Section 9 of The Securities Contracts Regulation Act 1956
C. Section 14 of The Securities Contracts Regulation Act 1956
D. Section 20 of The Securities Contracts Regulation Act 1956
Answer B. Section 9 of The Securities Contracts Regulation Act 1956
- Which section of The Securities Contracts Regulation Act 1956 deals with Power to prohibit contracts in certain cases_ ?
A. Section 16 of The Securities Contracts Regulation Act 1956
B. Section 14 of The Securities Contracts Regulation Act 1956
C. Section 13 of The Securities Contracts Regulation Act 1956
D. Section 18 of The Securities Contracts Regulation Act 1956
Answer – A. Section 16 of The Securities Contracts Regulation Act 1956
- Section 25 of The Securities Contracts Regulation Act 1956 deals with_______?
A. Penalty for failure by any person to enter into an agreement with clients
B. Certain offenses to be cognizable
C. Settlement of administrative and civil proceedings
D. Act not to apply in certain cases
Ans- B. Certain offenses to be cognizable
- Conditions for listing, is provided in section____ of The Securities Contracts Regulation Act 1956
A. Section 24 of The Securities Contracts Regulation Act 1956
B. Section 22 of The Securities Contracts Regulation Act 1956
C. Section 21 of The Securities Contracts Regulation Act 1956
D. Section 23 of The Securities Contracts Regulation Act 1956
Ans- C. Section 21 of The Securities Contracts Regulation Act 1956
- Section 27 of The Securities Contracts Regulation Act 1956 provides _?
A. Title to dividends
B. Validation of certain acts
C.Penalty for failure to furnish periodical returns, etc
D.Power of recognised stock exchanges to make bye-laws
Ans – A. Title to dividends
MCQ on The Securities Contracts Regulation Act 1956 with answers pdf
- Which section of The Securities Contracts Regulation Act 1956 deals with Withdrawal of recognition?
A. Section 7 of The Securities Contracts Regulation Act 1956
B. Section 4 of The Securities Contracts Regulation Act 1956
C. Section 5 of The Securities Contracts Regulation Act 1956
D. Section 9 of The Securities Contracts Regulation Act 1956
Answer – C. Section 5 of The Securities Contracts Regulation Act 1956
- Section 12 of The Securities Contracts Regulation Act 1956 deals with_______?
A. Power to suspend the business of recognized stock exchanges
B . Interpretation of certain words and expressions
C. Contracts in notified areas illegal in certain circumstances
D. Conditions for listing
Ans- A. Power to suspend the business of recognized stock exchanges
9) Which section of The Securities Contracts Regulation Act 1956 deals with the Members may not act as principals in certain circumstances ?
A. Section 17 of The Securities Contracts Regulation Act 1956
B. Section 19 of The Securities Contracts Regulation Act 1956
C. Section 14 of The Securities Contracts Regulation Act 1956
D. Section 15 of The Securities Contracts Regulation Act 1956
Answer – D. Section 15 of The Securities Contracts Regulation Act 1956
10) Section 10 of The Securities Contracts Regulation Act 1956 deals with_______?
A. Power of Central Government to direct rules to be made or to make rules.
B. Contracts in derivatives
C. Power of Securities and Exchange Board of India to make or amend bye-laws of recognized stock exchanges
D. Right to legal representation
Answer- C. Power of Securities and Exchange Board of India to make or amend bye-laws of recognized stock exchanges