General Knowledge :: 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):
- Banking Companies are prohibited under Sec 8 of banking Regulation Act to sell and purchase securities. Yet Banks are selling securities (of the customer) which are under pledge as permitted by:
- Cryptocurrency is a _______ .
- Computer Emergency Response Team India comes under ___________.
- Which country did not participated in the 44th World Economic Forum ?
- Which panel is scrutinizing applications for new bank licences.
- Which one is not the most common objective of Banking regulations ?
- Which statement is not correct about Capital Adequacy Ratio ?
- In which year India become a member of Financial Action Task Force ?
- __________ was appointed by PM in July 2012 to look into taxation of IT sector.
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A.
The bank can seek authority from the RBI |
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B.
Board of directors of that Bank can decide the business suitable to the bank |
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C.
It can be decided by the Bank in the shareholders meeting |
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D.
Bank can do so if that business is notified by the Central Government as the lawful business of a Banking company |
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