Under Section 30(1)(b) of the Banning of Unregulated Deposit Schemes Act, 2019, the total value…
Under section 30(1)(b) of the BUDS Act, referral requires the total value involved to be of such magnitude as to significantly affect the public interest, not merely foreign…
Choose your answer
Under Section 30(1)(b) of the Banning of Unregulated Deposit Schemes Act, 2019, the total value involved must be of such magnitude as to:
Answer and explanation
Correct answer B
Under section 30(1)(b) of the BUDS Act, referral requires the total value involved to be of such magnitude as to significantly affect the public interest, not merely foreign trade, banking licences, or a fixed one-crore threshold.