Question

______________ under the Banking Regulation Act, 1949,

Q: Answer-______________ under the Banking Regulation Act, 1949, means the accepting, for the purpose of lendi...

Section 5b Banking means the accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, and withdrawable by cheque, draft, order or otherwise.

means the accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, and withdrawable by cheque, draft, order or otherwise.

A Banking

B Time liability

C Demand liability

D Approved Securities

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