Which of the following statements is correct under Section 38 of the SARFAESI Act, 2002?
SARFAESI s.38 empowers the Central Government, not the Reserve Bank, Central Registrar or Debts Recovery Tribunal, to make rules for carrying out the purposes of the Act.
Choose your answer
Which of the following statements is correct under Section 38 of the SARFAESI Act, 2002?
Answer and explanation
Correct answer B
SARFAESI s.38 empowers the Central Government, not the Reserve Bank, Central Registrar or Debts Recovery Tribunal, to make rules for carrying out the purposes of the Act.