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


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