Section 40 of the Banning of Unregulated Deposit Schemes Act, 2019 deals with:
Section 40 of the BUDS Act is headed "Power to amend First Schedule" and lets the Central Government add schemes to, or omit them from, the list of Regulated Deposit…
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Section 40 of the Banning of Unregulated Deposit Schemes Act, 2019 deals with:
Answer and explanation
Correct answer B
Section 40 of the BUDS Act is headed "Power to amend First Schedule" and lets the Central Government add schemes to, or omit them from, the list of Regulated Deposit Schemes. Laying of rules is dealt with in section 39, removal of difficulties in section 43 and repeal of the Ordinance in section 44.