The principal object of Section 38 of the SARFAESI Act, 2002 is:
SARFAESI s.38's principal object is to confer rule-making power upon the Central Government, not to empower the Reserve Bank to issue directions, regulate appeals or…
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The principal object of Section 38 of the SARFAESI Act, 2002 is:
Answer and explanation
Correct answer A
SARFAESI s.38's principal object is to confer rule-making power upon the Central Government, not to empower the Reserve Bank to issue directions, regulate appeals or prescribe penalties.