Question

Under Section 49A, who other than a banking company is permitted to accept deposits withdrawable by cheque?

A Cooperative societies only
B Reserve Bank, State Bank, or notified persons
C Post offices only
D NBFCs
E Any company
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)