Options
- A
₹50,000 / ₹5 lakh
-
₹1 lakh / ₹1 crore
Correct answer
- C
₹25,000 / ₹25 lakh
- D
₹1.5 lakh / ₹1.5 crore
Why this is the answer
Under Section 15A of the SEBI Act, 1992, failure to furnish required documents attracts a penalty of ₹1 lakh per day or a maximum of ₹1 crore, whichever is lower.
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