Section 45: Power of Central Government to give directions.

Q: What does Section 45 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) deal with?

Section 45 DICGC Act pertains to "Power of Central Government to give directions.". It is part of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961, a legislation enacted by the Parliament of India. Section 45 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) governs power of Central Government to give directions. As verified on 19 May 2026.

Q: Is Section 45 DICGC Act still in force?

Yes, Section 45 of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961 is currently in force across the Republic of India.

Q: What is धारा 45 DICGC Act?

धारा 45 DICGC Act is the Devanagari Hindi reference for Section 45 of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961. Section 45 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) governs power of Central Government to give directions. As verified on 19 May 2026.

Q: What is Dhara 45 DICGC Act?

Dhara 45 DICGC Act is the Roman Hindi reference for Section 45 of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961. "Dhara" means "Section" in Hindi. Section 45 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) governs power of Central Government to give directions. As verified on 19 May 2026.

Q: How to cite Section 45 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961?

Cite as: "Section 45, The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act)" in legal briefs. For academic writing, use the BlueBook format: The Deposit Insurance and Credit Guarantee Corporation Act, 1961, § 45 (India).

Law on Tips Editorial Board

In the discharge of its functions under this Act, the Corporation shall be guided by such directions in matters of policy involving public interest as the Central Government may after consulting the Reserve Bank give to it in writing, and if any question arises whether the directions relates to a matter of policy involving public interest, the decision of the Central Government thereon shall be final.