Question
The Banking Regulations Act, 1949 was passed as which of
the following Acts____________Solution
The Banking Regulation Act, 1949 is a legislation in India that regulates all banking firms. Passed as the Banking Companies Act 1949, it came into force from 16 March 1949 and changed to Banking Regulation Act 1949 from 1 March 1966.
Depreciation would be classified as:
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