New Cracking SEBI General in 60 Days - Possible or Not?
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Question

A statute which governs the event which takes place in future after the statute has came into existence is

A Enabling Statute Correct Answer Incorrect Answer
B Disabling statute Correct Answer Incorrect Answer
C Retrospective Statute Correct Answer Incorrect Answer
D Prospective Statute Correct Answer Incorrect Answer
E Future Statute Correct Answer Incorrect Answer

Solution

Constitution Prospective Statute means it can be applied from a future date. A law can be considered as prospective when it is appropriate just to cases which will emerge after its authorization. It shows that it is worried about or applying the laws in future or at least from the date of initiation of the resolution.

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