In terms of Section 5(1) (5) of the Banking Regulation Act, 1949, a 'banking company' means any company which (IBPS 2012)

accepts deposits from the public

transacts the business of banking in

In terms of Section 5(1) (5) of the Banking Regulation Act, 1949, a 'b

1.	In terms of Section 5(1) (5) of the Banking Regulation Act, 1949, a 'banking company' means any company which (IBPS 2012)
A.	accepts deposits from the public
B.	undertakes lending of money
C.	transacts the business of banking in
D.	All of the above
E.	None of the above
Answer» D. All of the above

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In terms of Section 5(1) (5) of the Banking Regulation Act, 1949, a 'banking company' means any company which (IBPS 2012)

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