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President Pranab Mukherjee on 30 March 2014 clearedthe re-promulgation of the SEBI Ordinance SecuritiesLaws (Amendment) Bill 2013. The ordinance aims to give powers to1. Securities and Exchanges Board of India (SEBI) to actagainst Ponzi scheme.2. The move was to arm the regulator with morestringent powers comes in the wake to curb the illegalinvolvement of chit fund companies.3. Parliament passed the Securities Laws (Amendment)Bill 2013 in the Winter session. Consider the abovestatements and choose the correct option.

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President Pranab Mukherjee on 30 March 2014 clearedthe re-promulgation of the SEBI Ordinance SecuritiesLaws (Amendment) Bill 2013. The ordinance aims to give powers to1. Securities and Exchanges Board of India (SEBI) to actagainst Ponzi scheme.2. The move was to arm the regulator with morestringent powers comes in the wake to curb the illegalinvolvement of chit fund companies.3. Parliament passed the Securities Laws (Amendment)Bill 2013 in the Winter session. Consider the abovestatements and choose the correct option.






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