Banking Banking Awareness Banking Regulation System of India Question Bank Banking Regulation System of India

  • question_answer Drawing, accepting, making or issuing of any promissory note, hundi or bill of exchange expressed to be payable to bearer on demand by a person other than the Reserve Bank of India or the Central Government is prohibited under

    A) Banking Regulation Act, 1949

    B) Section 31 [a] of the Reserve Bank of India Act. 1934

    C) Negotiable Instruments Act, 1881

    D) Indian Contract Act, 1872

    E) None of the above

    Correct Answer: B

    Solution :

    Not Available

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