Banking General Awareness Reserve Bank of India Question Bank Practice Questions - Reserve Bank of India - Structure and Functions

  • question_answer
    Section 14 of Banking Regulation Act, 1949

    A)  prohibits a banking company from creating a charge upon any unpaid capital of the company

    B)  contains a system of licensing of banks by the RBI

    C)  provides that the subscribed capital of a banking company should not be less than one-half of its authorised capital

    D)  All of the above

    E)  None of these

    Correct Answer: A


You need to login to perform this action.
You will be redirected in 3 sec spinner