MCQOPTIONS
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| 1. |
Section 6(A) of B.R. Act has given the list of ancillary services which can be rendered by a Bank under the Banking Regulation Act. in the event that a Bank wants to undertake any other services (other than the list): |
| A. | The bank can seek authority from the RBI |
| B. | Board of directors of that Bank can decide the business suitable to the bank |
| C. | It can be decided by the Bank in the shareholders meeting |
| D. | Bank can do so if that business is notified by the Central Government as the lawful business of a Banking company |
| Answer» E. | |