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Banking Awareness · Q20

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 20

Q20

In India, it is necessary to have license from the RBI for opening a new branch. This is a requirement under ____ Act

A.
Section 22 of banking Regulation Act
Answer
B.
Section 22 of RBI Act
C.
Section 22 of NABARD
D.
KYC Guidelines by RBI

Answer: Option A

Solution

Answer: Option A
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