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SEcurities Law QS PLS HELP ME

CS 1024 views 4 replies

In a currency derivative segment an applicant desires to act as a clearing member shall have a minimum net worth of ---------- 

a)5 cor

b)1 cor

c) 7 cor

d) 10 cor

Replies (4)

d) 10 crores

Clearing member should have a balance sheet networth requirement of Rs 10 Crores

Trading member should have 1 crore

Banks should have a minimum networth of Rs 500 Crore

10 cr

10 crores


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