Current Affairs - Miscellaneous - Discussion
Discussion Forum : Miscellaneous - Latest Current Affairs (Q.No. 5298)
5298.
Which act was notified recently by the Union Government?
Answer: Option
Explanation:
The Union Government notified the Banking Regulation (Amendment) Act, 2017. The Parliament approved the Banking Regulation (Amendment) Bill, 2017 which replaced an ordinance in this regard. It empowers the Central government to authorize the Reserve Bank of India (RBI) to direct banking companies to resolve specific stressed assets.
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