Scheduled banks are required to keep cash reserve with RBI, interms of _______

Question

TuteeHUB · Accepted Answer

Section 42 of Negotiable Instruments Act

TuteeHUB · Answer

Section 24 of the Banking Regulation Act, 1949

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Section 20 of the Banking Regulation Act, 1949

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Section 42(i) of the RBI Act, 1934

TuteeHUB · Answer

Section 42 of Negotiable Instruments Act

1.	Scheduled banks are required to keep cash reserve with RBI, interms of _______
A.	Section 24 of the Banking Regulation Act, 1949
B.	Section 20 of the Banking Regulation Act, 1949
C.	Section 42(i) of the RBI Act, 1934
D.	Section 42 of Negotiable Instruments Act
Answer» D. Section 42 of Negotiable Instruments Act

Discussion