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Commerce · Q752

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 752

Q752

When a banking company is placed under moratorium under Section 45 of the Banking (Regulation) Act, 1949, the RBI must prepare a scheme of:

A.
VRS for staff
B.
Capital Buy-Back
C.
Reconstruction of the company or amalgamation with any other bank
D.
IPO of the bank
Answer

Answer: Option D

Solution

Answer: Option D
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