Unregulated Deposit Scheme Current Affairs, GK & News
The Lok Sabha has passed the Banning of Unregulated Deposit Schemes Bill, 2019. This bill aims to curb the menace of non regulated financial schemes in the country and will authorize the government to effectively seize the immovable and movable assets of any financial defaulters who may escape from the country. What is in the ..
Category: Government Schemes Current Affairs
The Union Cabinet headed by Prime Minister has approved the amendments to the Banning of Unregulated Deposit Schemes Bill, 2018. The amendments introduced based on the recommendations of the Standing Committee on Finance strengthen its objective to effectively tackle the menace of illicit deposit-taking activities in the country, and prevent such schemes from duping poor and ..
Category: Legal & Constitution Current Affairs