jaiibmocktest.in

Question 1 reset

A banking company is registered under the Companies Act, 1956.

False

True

Question 2 reset

A public sector bank is a body corporate created under a special statute.

True

False

Question 3 reset

Co-operative banks are registered under:

State Co-operative Societies Act

Multi-State Co-operative Societies Act

Both the above

Question 4 reset

A banking company is registered under the Banking Regulation Act.

True

False

Question 5 reset

Subsidiaries of the State Bank are companies registered under the Companies Act.

True

False

Question 6 reset

Accepting deposits for safe custody would fall within the definition of "banking".

True

False

Question 7 reset

Reserve Bank was constituted under

RBI Act

Companies Act

Question 8 reset

Regional Rural Bank is

a company

a body corporate created under a special statute

Question 9 reset

Banking companies are licensed by

RBI

SEBI

Question 10 reset

Business which a banking company may undertake other than banking is as stipulated by

RBI Act

BR Act

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