Under the Banning of Unregulated Deposit Schemes Act, 2019, "Public financial institution" has the same…
BUDS s.2(13) gives public financial institution the same meaning as clause (72) of section 2 of the Companies Act, 2013, not the Insurance Act, RBI Act or Banking Regulation…
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Under the Banning of Unregulated Deposit Schemes Act, 2019, "Public financial institution" has the same meaning as assigned in:
Answer and explanation
Correct answer B
BUDS s.2(13) gives public financial institution the same meaning as clause (72) of section 2 of the Companies Act, 2013, not the Insurance Act, RBI Act or Banking Regulation Act.