(a) Section 45-IA (1)
(b) Section 45-IA (4)
(c) Section 45-IA (6)
(d) Section 45-IA (8)
Ans.(c)
Sol. The RBI exercised its powers under Section 45-IA (6) of the Reserve Bank of India Act, 1934, to cancel Equitas Holdings’ registration as an NBFC.
(a) Section 45-IA (1)
(b) Section 45-IA (4)
(c) Section 45-IA (6)
(d) Section 45-IA (8)
Ans.(c)
Sol. The RBI exercised its powers under Section 45-IA (6) of the Reserve Bank of India Act, 1934, to cancel Equitas Holdings’ registration as an NBFC.