New Enroll in RBI Grade B New Batch - Starts on May 21

    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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