The authority referred to in Section 11(1) of the Banning of Unregulated Deposit Schemes Act, 2019 is…
Section 9(1) of the BUDS Act, which section 11(1) refers to, empowers the Central Government to designate the database authority, not the Supreme Court, Reserve Bank of…
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The authority referred to in Section 11(1) of the Banning of Unregulated Deposit Schemes Act, 2019 is designated by:
Answer and explanation
Correct answer B
Section 9(1) of the BUDS Act, which section 11(1) refers to, empowers the Central Government to designate the database authority, not the Supreme Court, Reserve Bank of India or a State Government alone.