Section 22 of the Banning of Unregulated Deposit Schemes Act, 2019 provides punishment for…
Section 22 of the BUDS Act provides punishment for contravention of section 4, the fraudulent-default provision for Regulated Deposit Schemes, not sections 3, 5 or 6.
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Section 22 of the Banning of Unregulated Deposit Schemes Act, 2019 provides punishment for contravention of:
Answer and explanation
Correct answer B
Section 22 of the BUDS Act provides punishment for contravention of section 4, the fraudulent-default provision for Regulated Deposit Schemes, not sections 3, 5 or 6.