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Options
- A
Sauda book must be maintained for 2 years
- B
Members contract books must be maintained for 10 years
-
Failure to maintain/furnish prescribed documents may attract penalty up to Rs. 1 crore
Correct answer
- D
None of the above
Why this is the answer
SEBI can impose penalties up to Rs. 1 crore for failure to maintain or furnish documents as per Section 15 and 15A of the SEBI Act.
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