The fine under Section 23 of the Banning of Unregulated Deposit Schemes Act, 2019 may extend to:
Section 23 of the BUDS Act lets the fine for contravening section 5 extend to ten lakh rupees, not two, five or twenty-five lakh rupees.
Choose your answer
The fine under Section 23 of the Banning of Unregulated Deposit Schemes Act, 2019 may extend to:
Answer and explanation
Correct answer C
Section 23 of the BUDS Act lets the fine for contravening section 5 extend to ten lakh rupees, not two, five or twenty-five lakh rupees.