Question

    A member of the IFSCA can resign from his office by giving in writing a notice to the Central Government of____________________

    A Three months Correct Answer Incorrect Answer
    B Not less than thirty days Correct Answer Incorrect Answer
    C Not more than two months Correct Answer Incorrect Answer
    D Not less than three months Correct Answer Incorrect Answer
    E Such period as the Central Government may prescribe Correct Answer Incorrect Answer

    Solution

    IFSCA Act: Section 6 Terms of office and conditions of service of Chairperson and other Members: (3) Notwithstanding anything in sub-section (1), a Member may— (a) resign from his office by giving in writing to the Central Government a notice of not less than three months; or (b) be removed from his office in accordance with the provisions of section 7.

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