MCQOPTIONS
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| 1. |
As per the provisions of Section 12 of the Banking Regulation Act, 1949, the minimum ratio between authorized, subscribed and paid-up capital of a banking company should be |
| A. | 2 : 2 : 1 |
| B. | 4 : 2 : 1 |
| C. | 2 : 1 : 4 |
| D. | 1 : 1 : 1 |
| Answer» C. 2 : 1 : 4 | |