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    Question

    Reserve Bank of India has imposed several restrictions

    on Indian Mercantile Cooperative Bank Ltd, Lucknow, including a cap of Rs 1 lakh on withdrawals. This restriction is allowed on which accounts?
    A Saving account Correct Answer Incorrect Answer
    B Current Account Correct Answer Incorrect Answer
    C Any other account Correct Answer Incorrect Answer
    D Only a, b, and c Correct Answer Incorrect Answer
    E Only b and c Correct Answer Incorrect Answer

    Solution

    The withdrawal restriction of Rs 1 lakh is applied to all saving and current accounts or any other account

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