Q384
Which one of the following statement is correct?
A.
A bank can also exercise the right of set-off in respect of the future or contingent debts
B.
Minimum paid-up capital for entry of new private sector banks is Rs. 200 crore
C.
Ancillary services are also known as supplementary functions of a commercial banks
AnswerD.
Provisions of Banking Regulation Act are not applicable to cooperative banks
Answer: Option C
Solution
Answer: Option C
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