MCQOPTIONS
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| 1. |
Banks are allowed to form subsidiaries as per |
| A. | Section 19(1) of the Banking Regulation Act, 1949 |
| B. | The Reserve Bank of India Act, 1934 |
| C. | The Subsidiary Banks General Regulation, 1959 |
| D. | SIDBI General Regulations, 1990 |
| E. | None of these |
| Answer» B. The Reserve Bank of India Act, 1934 | |