Banking General Awareness Banking in India Question Bank Previous Years Questions - Banking in India

  • question_answer
    In terms of Section 5(1) (5) of the Banking Regulation Act, 1949, a 'banking company' means any company which (IBPS 2012)

    A)  accepts deposits from the public

    B)  undertakes lending of money

    C)  transacts the business of banking in

    D)  All of the above

    E)  None of the above

    Correct Answer: C


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