Section 31-D, of the National Accountability Ordinance, 1999 deals with:

A. Power to seek assistance
B. Investigation in respect of imprudent bank loans
C. Power to fine
D. Appointment of Co-Chairman NAB

Answer

Correct Answer: B. Investigation in respect of imprudent bank loans


Detailed About MCQs

Notwithstanding anything contained in this Ordinance or any other law for the time being in force, no inquiry, investigation, or proceedings in respect of imprudent loans, defaulted loans, or rescheduled loans shall be initiated or conducted by the National Accountability Bureau against any person, company or financial institution without reference from Governor, State Bank of Pakistan; Provided that cases pending before any Accountability Court before coming into force of the National Accountability Bureau (Second Amendment) Ordinance, 2000, shall continue to be prosecuted and conduct without reference from the Governor, State Bank of Pakistan.

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