Business Studies · Depositories Act 1996
Under the Depositories Act, 1996, what is the maximum penalty that can be imposed on any person for failing to furnish information, return, or maintain records required by the Board?
- 1Rs. 25 crore
- 2Rs. 1 crore✓
- 3Rs. 10 lakh
- 4Rs. 1 lakh
Correct answer
Rs. 1 crore
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