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Banking General Awareness Origin and Development of Banking in India Question Bank Practice Questions - Development Banks

  • question_answer
    Regional Rural Banks (RRBs) are empowered to  transact the business of banking as denned under

    A)  Banking Regulation Act, 1949

    B)  Negotiable Instruments Act, 1881

    C)  Regional Rural Banks Act, 1976

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

    E)  None of these

    Correct Answer: A

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