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Name the head of Inter-Ministerial committee, which recommended to ban all private cryptocurrencies & jail time of up to 10 years.
  • a)
    Pradeep Kumar Sinha
  • b)
    Subhash Chandra Garg
  • c)
    Sanjay Kothari
  • d)
    Nripendra Misra
  • e)
    None of these
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Name the head of Inter-Ministerial committee, which recommended to ban...
On July 22, 2019, An Inter-Ministerial committee set up by the Government on virtual currency headed by finance secretary Subhash Chandra Garg submitted its report to the Finance Ministry.It recommended that private cryptocurrencies be banned completely in India except for the one’s issue by the state.It also drafted law, the ‘Banning of Cryptocurrency & Regulation of Official Digital Currency Bill, 2019’ & recommended a fine of up to 250 million rupees ($3.63 million) and imprisonment for up to 10 years for anyone who mines, generates, holds, sells, transfers or issues cryptocurrency.
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Name the head of Inter-Ministerial committee, which recommended to ban all private cryptocurrencies & jail time of up to 10 years.a)Pradeep Kumar Sinhab)Subhash Chandra Gargc)Sanjay Kotharid)Nripendra Misrae)None of theseCorrect answer is option 'B'. Can you explain this answer?
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Name the head of Inter-Ministerial committee, which recommended to ban all private cryptocurrencies & jail time of up to 10 years.a)Pradeep Kumar Sinhab)Subhash Chandra Gargc)Sanjay Kotharid)Nripendra Misrae)None of theseCorrect answer is option 'B'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Name the head of Inter-Ministerial committee, which recommended to ban all private cryptocurrencies & jail time of up to 10 years.a)Pradeep Kumar Sinhab)Subhash Chandra Gargc)Sanjay Kotharid)Nripendra Misrae)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Name the head of Inter-Ministerial committee, which recommended to ban all private cryptocurrencies & jail time of up to 10 years.a)Pradeep Kumar Sinhab)Subhash Chandra Gargc)Sanjay Kotharid)Nripendra Misrae)None of theseCorrect answer is option 'B'. Can you explain this answer?.
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