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ExamsIBPS POGeneral Awareness

(1) SEBI has amended the Depositories and Participants Regulations. (2) It includes an additional explanation that states that 'pledge' would also refer to 're-pledge' of securities for margin or settlement obligations. (A) SEBI wants to amend the ________ (B) By including an additional ________ (C) In spite of amending ________ (a) Only (A) (b) Only (B) (c) Only (C) (d) Both (A) and (B) (e) Both (B) and (C)

  1. Only (A)
  2. Only (B)
  3. Only (C)
  4. Both (A) and (B)
  5. Both (B) and (C)

Correct answer: Both (A) and (B)

Solution

Both (A) and (B) are valid because the first sentence is about SEBI amending the regulations, and the second sentence explains the addition of a new clarification. Option (C) does not fit the meaning.

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