Which of the following statements is correct under Section 20A of the SARFAESI Act, 2002?
Section 20A is headed "Integration of registration systems with Central Registry". The Central Registry is set up under section 20, the Central Registrar is appointed under…
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Which of the following statements is correct under Section 20A of the SARFAESI Act, 2002?
Answer and explanation
Correct answer A
Section 20A is headed "Integration of registration systems with Central Registry". The Central Registry is set up under section 20, the Central Registrar is appointed under section 21, and audit and inspection by the Reserve Bank is section 12B.