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

  • question_answer Under Section 19 of the Reserve Bank of India Act, 1934, the RBI has been prohibited from

    A)  making loans or advances

    B)  drawing or accepting bills payable

    C)  allowing interest on deposits or current accounts

    D)  All of the above

    E)  None of the above

    Correct Answer: D


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