The maximum fine under Section 24 of the Banning of Unregulated Deposit Schemes Act, 2019 may extend to:
Section 24 of the BUDS Act lets the fine for a repeat offender extend to fifty crore rupees, the highest ceiling in the Act's punishment provisions, not ten, twenty-five or…
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The maximum fine under Section 24 of the Banning of Unregulated Deposit Schemes Act, 2019 may extend to:
Answer and explanation
Correct answer C
Section 24 of the BUDS Act lets the fine for a repeat offender extend to fifty crore rupees, the highest ceiling in the Act's punishment provisions, not ten, twenty-five or one hundred crore rupees.