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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