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Banking Sample Paper Bank of Baroda (PO) Sample Test Paper-1

  • question_answer
    According to the RBI guidelines, the initial promoter stake in case of NOFHC should not be less than 40 per cent, locked in from the date of commencement of the bank for a period of

    A)  two years.                    

    B)  three years       

    C)         five years.        

    D)         seven years.

    E)  ten years.

    Correct Answer: C

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