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The assets in India of every banking company at the close of business on the last Friday of every quarter or, if that Friday is a public holiday at the close of the business on the preceding working day_________________

Q: Answer-The assets in India of every banking company at the close of business on the last Friday of every qu...

Section 25. Assets in India 1 The assets in India of every banking company at the close of business on the last Friday of every quarter or, if that Friday is a public holiday under the Negotiable Instruments Act, 188, at the close of the business on the preceding working day, shall not be less than seventy-five per cent. of its demand and time liabilities in India.

A Shall be less than seventy-five per cent of its demand liabilities in India

B Shall not be less than seventy-five per cent of its demand and time liabilities in India

C Shall not be less than seventy-five per cent of its demand or time liabilities in India

D Shall be less than seventy-five per cent of its demand and time liabilities in India

E Shall not be less than such per cent of its demand and time liabilities in India as may be specified from time to time

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The assets in India of every banking company at the close of business on the last Friday of every quarter or, if that Friday is a public holiday at the close of the business on the preceding working day_________________

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