Banking and Financial Institutions

1: In India the Commercial Banks are given licence of operation by
A.

The Govt. of India

B.

The Ministry of Finance

C.

Reserve Bank of India

D.
Banking Companies Regulation Act, 1949
 

Answer : D

Explanation :

Priya said: (12:14am on Friday 18th December 2015)
Answer should be c i.e Reserve bank of India

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Option: A

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