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  • Question
  • SEBI ordered NSE to pay more than ________ in the case of misuse of its co-location facility.


  • Options
  • A. ?510 crore
  • B. ?625 crore
  • C. ?730 crore
  • D. ?825 crore

  • Correct Answer
  • ?625 crore 

    Explanation
    Markets regulator Securities and Exchange Board of India (SEBI) directed National Stock Exchange (NSE) to disgorge more than ?625 crore in the case of misuse of its co-location facility. SEBI has been probing alleged lapses in high-frequency trading offered through NSE's co-location facility. National Stock Exchange (NSE) to pay more than ?625 crore along with interest calculated at the rate of 12% per annum from April 1, 2014 onwards to the Investor Protection and Education Fund (IPEF) created by SEBI. The National Stock Exchange (NSE) has been prohibited from accessing the securities market directly or indirectly for six months.

  • More questions

    • 1. According to the report of United Nations' World Economic Situation and Prospects (WESP) 2019, what will be the growth rate of India for in 2019-20?

    • Options
    • A. 7.6%
    • B. 7.5%
    • C. 7.4%
    • D. 7.8%
    • Discuss
    • 2. Which country attends OIC Meet for 1st Time in Abu Dhabi?

    • Options
    • A. Brazil
    • B. Germany
    • C. Singapore
    • D. India
    • Discuss
    • 3. Name the world's rarest giant softshell turtle that passed away in Suzhou Zoo,China.

    • Options
    • A. Yangtze
    • B. Iberian
    • C. Coahuilan
    • D. Alpaca
    • Discuss
    • 4. Name the initiative launched by Microsoft to preserve traditional weaving forms in India.

    • Options
    • A. Weavedraft
    • B. WeaveIt
    • C. Antaran
    • D. ReWeave
    • Discuss
    • 5. Recently with which state governemet Renault Nissan settles tax dispute?

    • Options
    • A. Tamil Nadu
    • B. Kerala
    • C. Andra Pradesh
    • D. Haryana
    • Discuss
    • 6. Name the author of the book titled 'The Ocean at the End of the Lane' who was recently appointed as UNHCR Goodwill Ambassador.

    • Options
    • A. Salman Rushdie
    • B. Douglas Adams
    • C. Julian Barnes
    • D. Neil Gaiman
    • Discuss
    • 7. The book "The man who could never say No" has been authored by whom?

    • Options
    • A. N N Saxena
    • B. Vikram Seth
    • C. S Muthiah
    • D. Gopalkrishna Gandhi
    • Discuss
    • 8. Which movie has won the Best Film award in the 64th National Awards-2017?

    • Options
    • A. Rustom
    • B. Ventilator
    • C. Kasaav
    • D. Neerja
    • Discuss
    • 9. Which of the following initiation of the Rotary Club of Madras North provides sanitary napkins to the students?

    • Options
    • A. Project Suvidha
    • B. Project Puthuyugam
    • C. Project Sangini
    • D. Project Kannamma
    • Discuss
    • 10. Which team won the Women's World Twenty20 title?

    • Options
    • A. West Indies
    • B. Australia
    • C. England
    • D. New Zealand
    • Discuss


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