Which is the first category of merchant bankers issued by SEBI?a.Who act as an advisor or consultant to an issueb.Those authorized to act in the capacity of co-managerc.Those authorized to act as an underwriter, advisord.Who carry on any activity of issue managemen
Question
Which is the first category of merchant bankers issued by SEBI?a.Who act as an advisor or consultant to an issueb.Those authorized to act in the capacity of co-managerc.Those authorized to act as an underwriter, advisord.Who carry on any activity of issue managemen
Solution
The question seems to be incomplete. However, based on the given options, the categories of merchant bankers issued by SEBI (Securities and Exchange Board of India) could be:
a. Those who act as an advisor or consultant to an issue b. Those authorized to act in the capacity of co-manager c. Those authorized to act as an underwriter, advisor d. Those who carry on any activity of issue management
The first category would typically be those who act as an advisor or consultant to an issue. They provide advice to companies on the process of issuing securities to the public, including the timing and pricing of the issue.
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