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Which two bodies comprise the Securities Contracts Regulation Act?

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Which two bodies comprise the Securities Contracts Regulation Act?
1).  State Government and Stock Exchange
2). Central Government and Stock Excahnge
3). Parliament and Stock Exchange
4). Stock Exchange

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Answered by on | Votes 2 |
The Securities Contracts Regulation Act deals the Central Government and Stock Exchange. Which means that the Central Government has the complete authority of all laws and its through the Central Government that companies listed in Stock Exchange get recognized. Then only can companies or any person buy or sell shares from anywhere.

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