question_answer

Regional Rural Banks are empowered to transact business of banking as defined under    [IBPS Clerk 2015]

A)  Regional Rural Banks Act, 1976

B)  Negotiable Instruments Act, 1881

C)  Banking Regulation Act, 1949

D)  The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970

E)  None of the above