In which year was the ‘Lotteries Regulation Act’ passed?
Correct Answer :
1998
Solution :
The correct answer is 1998.
Step-by-step Explanation:
1. Identification of the Act: The ‘Lotteries (Regulation) Act’ is an important piece of legislation in India enacted by the Parliament to regulate lotteries and provide for matters connected therewith.
2. Year of Enactment: This Act was passed in the year 1998 and is officially known as the Lotteries (Regulation) Act, 1998 (Act No. 17 of 1998). It received the assent of the President of India on July 7, 1998, and was deemed to have come into force on April 2, 1998.
3. Purpose of the Act: The Act was introduced to create a legal framework to govern how lotteries are conducted by state governments, specifying conditions under which a state may organize, conduct, or promote a lottery, and banning certain forms of private lotteries.
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