Question

    Which of the following is true about Look-Out Circulars (LOCs) in India?

    A LOCs are issued solely by the police to track criminals. Correct Answer Incorrect Answer
    B LOCs are managed by the Reserve Bank of India. Correct Answer Incorrect Answer
    C Public Sector Banks (PSBs) can issue LOCs against wilful defaulters. Correct Answer Incorrect Answer
    D The Bombay High Court ruled that PSBs can issue LOCs against loan defaulters. Correct Answer Incorrect Answer
    E LOCs are notices to prevent individuals from leaving or entering the country. Correct Answer Incorrect Answer

    Solution

    LOCs are notices used to stop individuals wanted by police, investigating agencies, or banks from leaving or entering the country. They are managed by the Bureau of Immigration under the Ministry of Home Affairs.

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