Which of the following acts regulates underwriting of issues for merch

1.	Which of the following acts regulates underwriting of issues for merchant banking activities?
A.	Negotiable Instrument Act, 1881
B.	Banking Regulation (Companies) Rules, 1949
C.	Section 19 (2) & (3) of the Banking Regulation Act, 1949
D.	Factoring Act Rules, 2011
E.	None of these
Answer» D. Factoring Act Rules, 2011

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Which of the following acts regulates underwriting of issues for merchant banking activities?

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