Section 2(4)(b) of the Banning of Unregulated Deposit Schemes Act, 2019 excludes loans from Public…
Section 2(4)(b) of the Banning of Unregulated Deposit Schemes Act excludes loans from Public Financial Institutions notified by the Central Government in consultation with…
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Section 2(4)(b) of the Banning of Unregulated Deposit Schemes Act, 2019 excludes loans from Public Financial Institutions notified by the Central Government:
Answer and explanation
Correct answer B
Section 2(4)(b) of the Banning of Unregulated Deposit Schemes Act excludes loans from Public Financial Institutions notified by the Central Government in consultation with the Reserve Bank of India, not without such consultation, only with Parliament's approval, or by Supreme Court notification.