Question Bank - Banking & Financial Services

Here's the question bank on all the banking & financial services topics.

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Section ______ of the Banking Regulation Act, 1949 prohibits a banking company incorporated in India from appointing as Director on its Board, any person who is a Director of any other banking company.

A.
17
B.
15
C.
16
D.
18

Solution:

The correct answer is 16.

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