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      Question

      The __________________ shall establish one or more

      Tribunals, to be known as the Debts Recovery Tribunal, to exercise the jurisdiction, powers and authority conferred on such Tribunal by or under the Recovery of Debts and Bankruptcy Act
      A RBI Correct Answer Incorrect Answer
      B SEBI Correct Answer Incorrect Answer
      C State Government Correct Answer Incorrect Answer
      D Central Government Correct Answer Incorrect Answer
      E Controller and Auditor General of India on the recommendation of Central Government Correct Answer Incorrect Answer

      Solution

      Section 3. Establishment of Tribunal: (1) The Central Government shall, by notification, establish one or more Tribunals, to be known as the Debts Recovery Tribunal, to exercise the jurisdiction, powers and authority conferred on such Tribunal by or under this Act.

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