✓ Board-verified
Financial Markets Management · 2026 · 1 mark
CBSE 2026 · Central · Set 4 · Q2
Assertion (A): A public issue involves issuing securities to 50 or more investors. Reason (R): The Companies Act, 2013 defines public issues based on…
Assertion (A): A public issue involves issuing securities to $\displaystyle 50$ or more investors.
Reason (R): The Companies Act, $\displaystyle 2013$ defines public issues based on the number of investors.
Official answer
(A)
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of the Assertion (A).
All Introduction to Indian Securities Market and Trading Membership questions2026 question paperPractice Introduction to Indian Securities Market and Trading Membership →
More from Introduction to Indian Securities Market and Trading Membership
- Which of the following is a consequence of suspension?2023
- How often is the market capitalization computed?2026
- What is the name of the bluechip index of the NSE?2025
- The collected margin is kept separately in whose account?2023
- What details are not required in a contract note as per SEBI regulations?2026
- This was time consuming, inefficient and imposed limits on trading volumes and trading hours.2024
- Which segment can NSE members not trade in?2025
- When was currency futures trading in the USD-INR pair launched by the NSE for the first time in India?2026
CBSE Class 12 Financial Markets Management past-paper question from the 2026 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.