The definitions clause under the Banning of Unregulated Deposit Schemes Act, 2019 applies:
Section 2 of the Banning of Unregulated Deposit Schemes Act opens with the words unless the context otherwise requires, so its definitions apply subject to that…
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The definitions clause under the Banning of Unregulated Deposit Schemes Act, 2019 applies:
Answer and explanation
Correct answer B
Section 2 of the Banning of Unregulated Deposit Schemes Act opens with the words unless the context otherwise requires, so its definitions apply subject to that qualification, not only on specific notification, in criminal proceedings alone, or to financial institutions only.