As per the reports in various newspapers many private companies are trying to obtain the licences to launch a banking company in India. Which of the following organisations/agencies issue the licence for the same? [Corporation Bank 2009]

Securities & Exchange Board of India (SEBI)

Indian Institute of Banking & Finance (IIBF)

As per the reports in various newspapers many private companies are tr

1.	As per the reports in various newspapers many private companies are trying to obtain the licences to launch a banking company in India. Which of the following organisations/agencies issue the licence for the same? [Corporation Bank 2009]
A.	Securities & Exchange Board of India (SEBI)
B.	Indian Institute of Banking & Finance (IIBF)
C.	Reserve Bank of India (RBI)
D.	Registrar of Companies
E.	None of these
Answer» D. Registrar of Companies

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As per the reports in various newspapers many private companies are trying to obtain the licences to launch a banking company in India. Which of the following organisations/agencies issue the licence for the same? [Corporation Bank 2009]

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