The introduction of the Banking Regulation (Amendment) Bill, 2020 in the Indian Parliament was recommended by the V. Acharya Committee. The committee was constituted by the Reserve Bank of India (RBI) in 2016 to review the framework for the resolution of stressed assets in the banking sector. The committee submitted its report in April 2018, which recommended several measures for improving the resolution framework, including the introduction of the Banking Regulation (Amendment) Bill, 2020. The bill was introduced in the Lok Sabha in March 2020 and was passed by both houses of Parliament in September 2020. Hence, option D is correct.
The Supreme Court’s original jurisdiction includes the authority to adjudicate disputes involving:
The Panchayati Raj in Rural areas and Municipality in Urban areas were introduced by which amendment acts of Indian Constitution?
Consider the following statements about the Law Commission of India:
(I) The Law Commission of India is a constitutional body.
(II) The Fi...
Match the Following Articles of Indian Constitution to their respective Descriptions.
(i) Article 45 (A) Separation of Judiciary from Executive i...
Which of the following is a condition for becoming a member of the Lok Sabha in India?
Who was the President of the Banaras Session of the Indian National Congress in 1905?
To whom is the Council of Ministers collectively responsible?
Which article of the Constitution abolishes Untouchability?
In which year was the All India Muslim League established during British India?
Uniform Civil Code is related to which article?
