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Q5) What was the Union of India's main defence in the "Indian Bank Association v. Union of India (2020)" case?

Option: 1

A) The goal of the decree was to boost government bank revenue.


Option: 2

B) The action was essential to uphold economic stability and safeguard the interests of the average person


Option: 3

C) The government desired increased control over financial activities.


Option: 4

D) The instruction was based on global banking norms.


Answers (1)

best_answer

The Union of India claimed that, despite the economic slump, the direction to banks was necessary to maintain the stability of the economy and protect the interests of common people.hence option B is correct option.

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SANGALDEEP SINGH

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