The principal purpose of Section 12B of the SARFAESI Act, 2002 is to confer upon the Reserve Bank the…
SARFAESI s.12B's principal purpose is to confer on the Reserve Bank the power to carry out audit and inspection of asset reconstruction companies, distinct from acquiring…
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The principal purpose of Section 12B of the SARFAESI Act, 2002 is to confer upon the Reserve Bank the power to:
Answer and explanation
Correct answer B
SARFAESI s.12B's principal purpose is to confer on the Reserve Bank the power to carry out audit and inspection of asset reconstruction companies, distinct from acquiring assets or resolving disputes.