_______________ is a body that is created under an Act of Parliament or an Act of State Legislatures.

Statutory body

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Trust

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Co-operative Society

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Multistate Co-operative society

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Solution

The correct option is A Statutory body
Statutory body is a body that is created under an Act of Parliament or an Act of State Legislatures. Cabinet resolution should be passed to establish this body. It is an autonomous corporate body. For example: Reserve Bank of India, Securities and Exchange Board of India etc.

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