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

  • question_answer
    Which of the following acts regulates underwriting of issues for merchant banking activities?

    A)  Negotiable Instrument Act, 1881

    B)  Banking Regulation (Companies) Rules, 1949

    C)  Section 19 (2) & (3) of the Banking Regulation Act, 1949

    D)  Factoring Act Rules, 2011

    E)  None of these

    Correct Answer: C

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