24. Failure to comply with any provision of the Act or Rules shall be punishable with

A. imprisonment upto 1 year or with fine extend upto rs. 10,000/- or with both
B. imprisonment upto 1 year or with fine extend upto rs. 20,000/- or with both
C. imprisonment upto 2 year or with fine extend upto rs. 20,000/- or with both
D. imprisonment upto 2 year or with fine extend upto rs. 50,000/- or with both
✅ The correct answer is option B.

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