Question

Which of the following is true about Look-Out Circulars (LOCs) in India?

A LOCs are issued solely by the police to track criminals.
B LOCs are managed by the Reserve Bank of India.
C Public Sector Banks (PSBs) can issue LOCs against wilful defaulters.
D The Bombay High Court ruled that PSBs can issue LOCs against loan defaulters.
E LOCs are notices to prevent individuals from leaving or entering the country.
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