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Commerce · Q993

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 993

Q993

Prospectus issued by a company is to be vetted and approved by the SEBI. This, however, does not mean that

A.
disclosures are adequate as per it guidelines
B.
project proposal has been presented in conformity with its guidelines
Answer
C.
disclosures are adequate to take an informed decision by investors
D.
project proposal is sound or satisfactory

Answer: Option B

Solution

Answer: Option B
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