Question

What is the responsibility of the company regarding compliance with the Scheme and regulatory guidelines, according to the Companies (Issue of Global Depository Receipts) Rules, 2014?

a.

Compliance is not necessary

b.

Compliance is the sole responsibility of the Reserve Bank of India (RBI)

c.

The company shall ensure compliance with the Scheme and regulatory guidelines

d.

Compliance is overseen by the Ministry of Finance

Answer: (c).The company shall ensure compliance with the Scheme and regulatory guidelines Explanation:The company is responsible for ensuring compliance with the Scheme and regulatory guidelines issued by the Reserve Bank of India (RBI).

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Q. What is the responsibility of the company regarding compliance with the Scheme and regulatory guidelines, according to the Companies (Issue of Global Depository Receipts) Rules,...

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