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Question

The financial sector Legislative Reforms Commission report submitted recently, among others, contained which of the following proposals?
$$1.$$ All regulators will have an empowered Board, the role of each of the members has been defined.
$$2.$$ The commission envisages an important process of judicial review of the regulations.
$$3.$$ The draft code does not mention about executive powers.
Select the correct answer using the codes given below,

A
$$1$$ and $$2$$
B
Only $$2$$
C
$$1$$ and $$3$$
D
$$1, 2$$ and $$3$$
Solution
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Correct option is B. Only $$2$$

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