Banking General Awareness Banking System Question Bank Practice Questions - Para Banking Services

  • question_answer
    Which of the following laws governs RBI's approval for making strategic investment in VCFs?

    A)  Section 19(2) of the Banking Regulation Act, 1949

    B)  State Financial Corporations Act, 1951

    C)  Reserve Bank of India Act, 1934

    D)  Companies Act, 1956

    E)  None of these

    Correct Answer: A


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