Millionaire Mode

The Prize Chits and Money Circulation Schemes (Banning) Act, 1978

Question 1 of 5

What is the main objective of The Prize Chits and Money Circulation Schemes (Banning) Act, 1978?

  1. To promote prize chit and money circulation schemes.
  2. To regulate prize chit and money circulation schemes.
  3. To ban prize chit and money circulation schemes.
  4. To provide legal framework for prize chit and money circulation schemes.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000