Section 44(1) of the Banning of Unregulated Deposit Schemes Act, 2019 provides for repeal of:
Section 44(1) of the BUDS Act repeals the Banning of Unregulated Deposit Schemes Ordinance, 2019, which the Act replaced. The Chit Funds Act, the RBI Act and the SEBI Act…
Choose your answer
Section 44(1) of the Banning of Unregulated Deposit Schemes Act, 2019 provides for repeal of:
Answer and explanation
Correct answer C
Section 44(1) of the BUDS Act repeals the Banning of Unregulated Deposit Schemes Ordinance, 2019, which the Act replaced. The Chit Funds Act, the RBI Act and the SEBI Act all remain in force.