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      Question

      Under Section 45T of the RBI Act, 1934, a court issuing

      a search warrant for documents relating to acceptance of deposits in contravention of Section 45S exercises jurisdiction under which law?
      A The Code of Criminal Procedure, 1973 Correct Answer Incorrect Answer
      B The Code of Civil Procedure, 1908 Correct Answer Incorrect Answer
      C The Indian Evidence Act, 1872 Correct Answer Incorrect Answer
      D The Companies Act, 1956 Correct Answer Incorrect Answer
      E The Banking Regulation Act, 1949 Correct Answer Incorrect Answer

      Solution

      Section 45T empowers any court having jurisdiction to issue a search warrant under the Code of Criminal Procedure, 1973 to issue, on an application by an officer of the Bank or an authorised State Government officer, a warrant to search for documents relating to acceptance of deposits in contravention of Section 45S. The warrant is executed in the same manner and has the same effect as a search warrant issued under that Code. The relevant law is the Code of Criminal Procedure, 1973.

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