In India, it is necessary to have license from the RBI for opening a new branch. This is a requirement under ____ Act

Question

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Section 22 of RBI Act

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Section 22 of banking Regulation Act

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Section 22 of NABARD

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KYC Guidelines by RBI

1.	In India, it is necessary to have license from the RBI for opening a new branch. This is a requirement under ____ Act
A.	Section 22 of banking Regulation Act
B.	Section 22 of RBI Act
C.	Section 22 of NABARD
D.	KYC Guidelines by RBI
Answer» B. Section 22 of RBI Act

Discussion