Question
In which year was the Banning of Unregulated Deposit
Schemes Act enacted in India?Solution
The Banning of Unregulated Deposit Schemes Act was enacted in 2019 when the Indian Parliament passed this legislation to establish protective mechanisms for vulnerable depositors. This law was specifically designed to help individuals recover their invested funds from potentially fraudulent schemes and to regulate the deposit-taking landscape in India.
How many PM MITRA Parks have been approved by the government, and what is the total outlay over seven years?
What is the purpose of a code of ethics in an organization?
Which of the following forms part of the ‘Planning’ function?
A) Â Â Â Â Â Â Â Forecasting
B) Â Â Â Â Â Â Â Choice among alternati...
The bases of recognition of interest, dividend and rentals earned on investments are covered under which among the following AS?
What was the increase in the insurance density in India in FY24 as per economic survey 2023-24?
ABC Ltd made an initial investment of Rs. 50,000 and earned Cash Inflows of Rs. 25000 every year till 4 years. What is the payback period for ABC Ltd?
Which one of the following statements is not correct?
Under The PM Mudra Yojana, the government introduced a new loan category Tarun Plus for MSMEs in the Budget 2024-25. Up to what amount of loan is covere...
What is the term for the ability to make independent and informed choices about one's actions?
What will be the impact on Return on Equity (RoE) if cash is paid to the creditors?
