Under the Banning of Unregulated Deposit Schemes Act, 2019, an association of persons is:
BUDS s.2(10)(vii) lists an association of persons among the entities included within the definition of person, rather than excluding it or treating it as a Government…
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Under the Banning of Unregulated Deposit Schemes Act, 2019, an association of persons is:
Answer and explanation
Correct answer B
BUDS s.2(10)(vii) lists an association of persons among the entities included within the definition of person, rather than excluding it or treating it as a Government authority or depositor alone.