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Commerce · Q657

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 657

Q657

Which among the following is not true with regard to merchant banker? 1. It can accept deposits. 2. It can advance loans. 3. It can do other banking activities. 4. It can be manager to a public issue.

A.
1, 2 and 3
Answer
B.
2, 3 and 4
C.
1, 3 and 4
D.
2 and 4

Answer: Option A

Solution

Answer: Option A
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