Which one of the following statements is correct?
A. SEBI has been constituted under the Securities (Contract and Regulation) Act, 1956
B. SEBI is constituted from amongst the directors of various stock exchanges
C. The purpose of issuing different types of rules and regulations by SEBI is to bring monetary gains to investors
D. One of the object of setting up SEBI is to protect the interests of investors
Answer: Option D
This Question Belongs to Commerce >> Miscellaneous In Commerce
A. Expenditure for the business
B. Cost for the business
C. Gain for the business
D. None of the above
Which of these items would be accounted for as an expense?
A. Repayment of bank loan
B. Dividend to stock holders
C. The purchase of land
D. Payment of current period rent
Debit the receiver credit the giver rule for:
A. Real a/c
B. Personal a/c
C. Nominal a/c
D. None of these
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