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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 bank launched India's first 'Green Car Loan' (Electric Vehicle) to encourage customers to buy electric vehicles?

    • Options
    • A. Canara Bank
    • B. Axis Bank
    • C. HDFC Bank
    • D. State Bank of India
    • Discuss
    • 2. Which of the following become the first national legislative body in the world to declare a climate change emergency?

    • Options
    • A. Mexico
    • B. Italy
    • C. UK
    • D. India
    • Discuss
    • 3. When did the Rajasthan Diwas was observed?

    • Options
    • A. 29th March
    • B. 1st April
    • C. 30th March
    • D. 31st Mmarch
    • Discuss
    • 4. Which nation withdrews its nuclear agreement from JCPOA?

    • Options
    • A. Germany
    • B. Russia
    • C. Iran
    • D. France
    • Discuss
    • 5. Who has discovered an Earth-sized planet, HD 21749b using Transiting Exoplanet Survey Satellite?

    • Options
    • A. ISRO
    • B. NASA
    • C. SpaceX
    • D. JAXA
    • Discuss
    • 6. Name the Japanese unmanned spacecraft, that probes Asteroid Ryugu and discoverd small amount of minerals containing water on the surface of the asteroid?

    • Options
    • A. Hiten
    • B. Hayabusa2
    • C. Akatsuki
    • D. SELENE
    • Discuss
    • 7. Which of the following is the first Artificial Intelligence (AI) powered robot to fly in Space, which made an interaction with the spacefaring crew of International Space Station?

    • Options
    • A. CIMON
    • B. SFIB
    • C. RAID
    • D. IE
    • Discuss
    • 8. How much percent of life insurer's premium income was grown for the year 2019, as per Insurance Regulatory and Development Authority of India (IRDAI)?

    • Options
    • A. 15%
    • B. 14%
    • C. 13%
    • D. 11%
    • Discuss
    • 9. India bags __________ medals in World Dwarf Games.

    • Options
    • A. 37
    • B. 20
    • C. 28
    • D. 32
    • Discuss
    • 10. A leader who passed away recently was called the Nagaland's Gandhi?

    • Options
    • A. Arun Manilal Gandhi
    • B. Natwar Thakkar
    • C. T.R.Zeliang
    • D. Rajmohan Gandhi
    • Discuss


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