Discussion :: Banking Awareness
- Section 6(A) of B.R. Act has given the list of ancillary services which can be rendered by a Bank under the Banking Regulation Act. in the event that a Bank wants to undertake any other services (other than the list):
|
A.
The bank can seek authority from the RBI |
|
B.
Board of directors of that Bank can decide the business suitable to the bank |
|
C.
It can be decided by the Bank in the shareholders meeting |
|
D.
Bank can do so if that business is notified by the Central Government as the lawful business of a Banking company |
Whatsapp
Facebook
Answer : Option D
Explanation :
Explanation Not Provided
Be The First To Comment