PACS are outside the purview of the _________________ and hence not regulated by the Reserve Bank of India.

Question

TuteeHUB · Accepted Answer

NA

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The Societies Registration Act, 1860

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National Bank for Agriculture and Rural Development Act, 1981

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Securities and Exchange Board of India Act, 1992

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Banking Regulation Act, 1949

1.	PACS are outside the purview of the _________________ and hence not regulated by the Reserve Bank of India.
A.	The Societies Registration Act, 1860
B.	National Bank for Agriculture and Rural Development Act, 1981
C.	Securities and Exchange Board of India Act, 1992
D.	Banking Regulation Act, 1949
Answer» E.

Discussion