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Banking Awareness · Q19

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 19

Q19

Every Banking company is required to use the word Bank in its name and no company other than a Banking company can use the words Bank, Banker or Banking as a part of its name as per:

A.
Section 7 of Banking Regulation Act
Answer
B.
Section 7 of RBI Act
C.
Section 7 of SEBI Act
D.
Section 7 of Nationalization Act

Answer: Option A

Solution

Answer: Option A
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