The Union Cabinet of India provided its official clearance for which crucial regulatory bill on December, 2015?
- AReal Estate (Regulation & Development Bill)
- BReal Estate Development Bill
- CReal Estate Regulation Bill
- DNone of the above
Solution & Step-by-step Explanation
On December 9, 2015, the Union Cabinet approved the comprehensive Real Estate (Regulation and Development) Bill to protect the interests of consumers, promote fair play in real estate transactions, and establish a proper regulatory authority.