Answer-The IFSC Banking Unit (IBU) can be established under which of the following?

IFSC Banking Unit or an IBU means a bank permitted by the Reserve Bank of India under the Banking Regulation Act, 1949 to operate from an International Financial Services Centre IFSC.

Question

The IFSC Banking Unit (IB

U can be established under which of the following?

A The Banking Act, 1935

B The Banking Regulation Act, 1949

C The Deposit Insurance and Credit Guarantee Corporation Act, 1961

D The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980

E The Export Import Bank of India Act, 1981

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The IFSC Banking Unit (IBU) can be established under which of the following?

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The IFSC Banking Unit (IB

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