1.

The opening of branches by banks is governed by the provisions of

A.  Section 23 of the Banking Regulation Act, 1949
B.  Section 24 of Reserve Bank of India Act, 1934
C.  Section 131 of the Negotiable Instruments Act, 1881
D.  Section 45 of Bank Nationalisation Act, 1969
E.  None of the above
Answer» B.  Section 24 of Reserve Bank of India Act, 1934


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