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      Question

      Under Section 4, the composition of a Debt Recovery

      Tribunal (DRT) is:
      A Three members - one Presiding Officer, one judicial member, and one technical expert Correct Answer Incorrect Answer
      B Two members - Presiding Officer and Recovery Officer, jointly deciding cases Correct Answer Incorrect Answer
      C Presiding Officer appointed by the High Court of the relevant jurisdiction Correct Answer Incorrect Answer
      D One person only - the Presiding Officer - appointed by notification by the Central Government Correct Answer Incorrect Answer
      E One Presiding Officer and a panel of banking experts constituted by RBI Correct Answer Incorrect Answer

      Solution

      Section 4(1) clearly states that a Tribunal shall consist of one person only - the Presiding Officer - to be appointed by notification by the Central Government. The DRT is a single-member tribunal, ensuring individual accountability in decisions. Under Section 4(2), the Central Government may authorise the Presiding Officer of any other Tribunal or a judicial member of another Tribunal to additionally discharge DRT functions. The Recovery Officer (appointed under Section 7) is part of the Tribunal's staff for execution purposes, not a joint adjudicator. The appointment authority is the Central Government, not any court or RBI.

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