The authority under Section 9(1) of the Banning of Unregulated Deposit Schemes Act, 2019 may be:
Section 9(1) allows the Central Government to designate an authority "whether existing or to be constituted". Either kind may be chosen, and nothing requires a judicial body.
Choose your answer
The authority under Section 9(1) of the Banning of Unregulated Deposit Schemes Act, 2019 may be:
Answer and explanation
Correct answer C
Section 9(1) allows the Central Government to designate an authority "whether existing or to be constituted". Either kind may be chosen, and nothing requires a judicial body.