Banking General Awareness Banking System Question Bank New Banking System

  • question_answer
    Consider the following features of small banks,
    I. They can accept any deposit like commercial banks.
    II. Their off operation will be restricted.
    III. Small finance banks will be allowed to lend money also.
    Which of the above statements is/are correct?

    A)  I and II           

    B)  II and III

    C)  I, II and III        

    D)         I and III

    E)  Only III

    Correct Answer: C


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