The term "prescribed" under Section 2(11) of the Banning of Unregulated Deposit Schemes Act, 2019 means:
Under BUDS s.2(11), prescribed means prescribed by rules made by the Central Government or, as the case may be, the State Government under this Act, not by the Supreme…
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The term "prescribed" under Section 2(11) of the Banning of Unregulated Deposit Schemes Act, 2019 means:
Answer and explanation
Correct answer B
Under BUDS s.2(11), prescribed means prescribed by rules made by the Central Government or, as the case may be, the State Government under this Act, not by the Supreme Court, RBI circulars or a Parliament resolution.