The Board for Financial Supervision is set up under the regulations framed by the Reserve Bank under Section 58 of the Banking Regulation Act.

The Central Government is not empowered to order Reserve Bank for inspection of a banking company.

Central Government has to give notice to the banking company before publishing its inspection report or any part of it.

The undertaking of a banking company may be acquired by the Central Government if it is satisfied on a report from the Reserve Bank that the banking company has failed on more than one occasion to comply with the

The Central Government may make a __________ after consultation with the Reserve Bank 63 for carrying out the purposes of part IIC of the BR Act, in relation to an acquired bank.

__________ may apply to the High Court for winding up of a banking company under Section 38 of the BR Act.

The High Court shall order winding up of a banking company if the banking company is unable to

In a winding up proceeding the depositors shall __________ for the amounts shown in the books of the bank standing to their credit.

The __________ may apply to the Central Government for an order of moratorium in respect of a banking company.

The provisions of a scheme of amalgamation sanctioned by the Central Government under Section 45 of the BR Act will __________ the provisions of other laws.