Question

How is the remuneration of an Agent regulated?

a.

By mutual agreement between the Agent and the client

b.

A commission as per provisions of Section 40 as amended from time to time

c.

No specific regulations regarding remuneration for Agents

d.

Fixed by the Regulatory Authority

Answer: (b).A commission as per provisions of Section 40 as amended from time to time Explanation:Every Agent shall be paid a commission as per provisions of Section 40 as amended from time to time.

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Q. How is the remuneration of an Agent regulated?

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