In India, it is necessary to have license from the RBI for opening a new branch. This is a requirement under ____ Act
A. Section 22 of banking Regulation Act
B. Section 22 of RBI Act
C. Section 22 of NABARD
D. KYC Guidelines by RBI
Answer: Option A
Related Questions on Banking Awareness miscellaneous
A. Bombay Stock Exchange
B. Delhi Stock Exchange
C. Calcutta Stock Exchange
D. Bangalore Stock Exchange
Which of the following is not a function of General Insurance?
A. Cattle Insurance
B. Crop Insurance
C. Fire Insurance
D. Medical Insurance
Liability- side of the balance-sheet comprises:
A. Capital and reserve
B. Long-term liabilities
C. Current liabilities
D. All of the above
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