160) Banking Companies are prohibited under Sec 8 of banking Regulation Act to sell and purchase securities. Yet Banks are selling securities (of the customer) which are under pledge as permitted by:
Answer is:
Banking Regulation Act
Related Banking System MCQ (GK Set-1) with Answers
Answer is:
Personal Loan
Answer is:
20 Nationalized Banks + State Bank of India + 5 SBI Associates + IDBI
Answer is: