Question
Who grants approval under Section 17A of the PC
Act?Solution
Under Section 17A of the Prevention of Corruption Act, 1988, prior approval is required before initiating any prosecution against a public servant. This approval must be granted by the competent authority empowered to remove that public servant from office. The rationale behind this requirement is administrative accountability: it prevents frivolous, arbitrary, or politically motivated prosecutions against public officials carrying out their duties. This safeguards the independence of decision-making authorities and ensures that only serious and justified allegations proceed. Courts, the Lokpal, magistrates, or investigating agencies cannot grant this sanction; their role is limited to judicial review after prosecution is initiated. This provision balances the state’s interest in combating corruption with protecting public servants from undue harassment. Option D is correct because it directly reflects the statutory framework and purpose. Options A, B, and C incorrectly suggest judicial or investigative authorities are empowered, which is legally incorrect, while Option E misstates the authority’s role.
Basel III capital regulations are based on 3 mutually reinforcing pillars. These pillars are:
I.         Minimum Capital Standards <...
Which committee recommended the establishment of RRBs?​
Lead Bank Scheme was introduced in:​
Export Credit Guarantee Corporation of India comes under the administrative control of ______________.
Which bank pioneered the SHG-Bank linkage model?​
Primary Agricultural Credit Societies (PACS) operate at the:​
The sponsor banks of RRBs are usually:​
What does the Net Stable Funding Ratio (NSFR) require?​
Which of the following category(s) is/are covered under Agriculture for which the banks can fulfil the criteria under Priority Sector lending?
Which of these institutions is NOT directly involved in rural credit?​