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

  • question_answer Banks without the prior approval of the RBI, cannot

    A)  own a new place of business in India or abroad

    B)  shift within the same centres (city/town/village) of the existing place of business

    C)  shift their sole rural branch outside the centre/village as such shifting would render the centre unhanded

    D)  All of the above

    E)  None of the above

    Correct Answer: D


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