Question
No company other than a banking company shall use as
part of its name or, in connection with its business nor shall any company carry on the business of banking in India unless it uses as part of its name at least one of the ________________ words.Solution
Bank, Banker or Banking or Banking Company, Reason: Section 7- Use of words "bank", "banker", "banking" or "banking company"- No company other than a banking company shall use as part of its name or, in connection with its business any of the word’s "bank", "banker" or "banking" and no company shall carry on the business of banking in India unless it uses as part of its name at least one of such words.
What was the total cost of the ‘Lal Tipara Gaushala’ Bio-CNG project in Gwalior?
In which state was India's first small-scale LNG unit by GAIL inaugurated?
What is the percentage decline in FY2023 in the ratio of insured deposits to assessable deposits in the banking system, as per the latest Deposit Insura...
Indian Railways recently signed an MoU with which country to enhance its technological collaboration and track maintenance?
Indian Navy Participation Women20@g20 at which of the following city in 27 – 28 Feb 23?
Which organization received the 'Fit & Proper' certificate from RBI for acquiring IDBI Bank?
In which Karnataka temple was a 15th-century lamp representing both Shaiva and Vaishnava iconography discovered?
What will the proceeds from SBI's ₹10,000 crore infrastructure bond issue be used for?
Consider the statement below and answer the question that follows :
" Germany has recently granted India a license to purchase small arms from ...
What sub-scheme does the Ministry of Social Justice and Empowerment's program to make 30 cities in India free of beggars operate under?
