Question

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_________________ as per the Banking Regulation Act

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