Question

Which section of RBI Act 1934 gives the provisions to override other provisions of Act?

A Section 44A Correct Answer Incorrect Answer
B Section 45C Correct Answer Incorrect Answer
C Section 45Z Correct Answer Incorrect Answer
D Section 46A Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

RBI Act 1934 [CHAPTER III (F) - MONETARY POLICY 45Z. Provisions of this Chapter to override other provisions of Act. The provisions of this Chapter shall have effect, notwithstanding anything inconsistent therewith contained in any other provisions of this Act.

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