The long title of the Banning of Unregulated Deposit Schemes Act, 2019 indicates that the legislation…
Like most Indian statutes, the long title of the Act ends with the words for matters "connected therewith or incidental thereto", after describing the ban on unregulated…
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The long title of the Banning of Unregulated Deposit Schemes Act, 2019 indicates that the legislation also deals with:
Answer and explanation
Correct answer B
Like most Indian statutes, the long title of the Act ends with the words for matters "connected therewith or incidental thereto", after describing the ban on unregulated deposit schemes and the protection of depositors. It does not set up a national deposit regulator or deal with banking treaties.