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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. Which state has the maximum number of first-time voters in the upcoming Lok Sabha elections?

    • Options
    • A. Uttar Pradesh
    • B. West Bengal
    • C. Maharashtra
    • D. Rajasthan
    • Discuss
    • 2. What is the sovereign rating of India as per the credit rating agency Fitch?

    • Options
    • A. AAA-
    • B. AAA+
    • C. BBB+
    • D. BBB-
    • Discuss
    • 3. The book 'The Hit Girl' is the autobiography of

    • Options
    • A. Rekha
    • B. Asha Parekh
    • C. Hema Malini
    • D. None of them
    • Discuss
    • 4. Which Automotive company has developed the 'largest power storage system in Asia' installed in Osaka train station in Japan?

    • Options
    • A. Pricol
    • B. Tesla
    • C. General Motors
    • D. Eicher Motors
    • Discuss
    • 5. Name the company which has signed an MoU on different projects related to e-mobility along with Automotive Research Association of India.

    • Options
    • A. NTPC
    • B. BSNL
    • C. ONGC
    • D. BHEL
    • Discuss
    • 6. Which movie has won the Best Picture award at 89th Oscar Academy Awards?

    • Options
    • A. Story of Your Life
    • B. Moonlight
    • C. Hidden Figures
    • D. La La Land
    • Discuss
    • 7. Which 2 cities are declared as the 'Best Heritage City' at the National Tourism Awards for 2016-17?

    • Options
    • A. New Delhi & Ahmedabad
    • B. New Delhi & Udaipur
    • C. Agra & Kolkata
    • D. Ahmedabad & Mandu
    • Discuss
    • 8. The book "60 Indian Poets" has been authored by whom?

    • Options
    • A. Amitav Ghosh
    • B. Vikram Seth
    • C. Jeet Thayil
    • D. Arun Kolatkar
    • Discuss
    • 9. 2018 Nobel Medicine or Physiology Prize has been awarded to whom of the following persons?

    • Options
    • A. Carl H. June and Timothy Ray Brown
    • B. Steven Rosenberg and Zelig Eshhar
    • C. James Reyniers and Ragnar Granit
    • D. James P Allison and Tasaku Honjo
    • Discuss
    • 10. Which of the following movies won the 64th National Film Awards for the Best Feature Film?

    • Options
    • A. Kasaav
    • B. Alifa
    • C. Neerja
    • D. Pink
    • Discuss


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