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Reported Question / Answer
Q.) The board of Sebi has approved reforms including repealing of the two decade old insider trading rules. What is insider trading ?
1)
Trading of a company’s securities by memebers of promoter’s family only
2)
Trading of a company’s securities by people having access to the public price sensitive information
3)
Trading of a company’s securities by people having access to the non-public price sensitive information
4)
None of these
5)
NULL
Answer :
3
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