Regional Rural Banks are empowered to transact business of banking as defined under [IBPS Clerk 2015]

The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970

Negotiable Instruments Act, 1881

Regional Rural Banks are empowered to transact business of banking as

1.	Regional Rural Banks are empowered to transact business of banking as defined under [IBPS Clerk 2015]
A.	Regional Rural Banks Act, 1976
B.	Negotiable Instruments Act, 1881
C.	Banking Regulation Act, 1949
D.	The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
E.	None of the above
Answer» D. The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970

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Regional Rural Banks are empowered to transact business of banking as defined under [IBPS Clerk 2015]

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