159) Section 6(A) of B.R. Act has given the list of ancillary services which can be rendered by a Bank under the Banking Regulation Act. in the event that a Bank wants to undertake any other services (other than the list):
Answer is:
Bank can do so if that business is notified by the Central Government as the lawful business of a Banking company
Related Banking System MCQ (GK Set-1) with Answers
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