Question

what was regulation ? when was it passed ?

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Answer 1

Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context.

Banking Regulation (Amendment) Bill passed in Rajya Sabha - The Rajya Sabha passed the Banking Regulation (Amendment) Bill 2020 through a voice vote on Tuesday. Union Finance Minister Nirmala Sitharaman during a discussion in the Upper House said that the amendments sought to protect the interests of depositors in co-operative banks