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      Question

      Which of the following forms of business are permissible

      under Banking Regulations  Act?
      A Borrowing Correct Answer Incorrect Answer
      B Issuance of letters of Credit Correct Answer Incorrect Answer
      C Buying and selling of bullion Correct Answer Incorrect Answer
      D All of the above Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Borrowing & lending, Issuance of letters of Credit, Buying and selling of bullion etc.

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