Who has the power to suspend operation of the Banking

Q: Answer-Who has the power to suspend operation of the Banking Regulation Act?

Section 4. Power to suspend operation of Act 1 The Central Government, if on a representation made by the Reserve Bank in this behalf is satisfied that it is expedient so to do, may by notification in the Official Gazette, suspend for such period, not exceeding sixty days, as may be specified in the notification, the operation of all or any of the provisions of this Act, either generally or in relation to any specified banking company.

Regulation Act?

A Central Government

B Reserve Bank of India

C RBI on the representation of the CAG

D Central Government on the representation of the RBI

E Either a or b

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UBI SO LAW Officer

Who has the power to suspend operation of the Banking

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