MCQOPTIONS
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| 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 |
| E. | a and b above |
| Answer» B. Section 22 of RBI Act | |