

MCQOPTIONS
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1. |
The purpose of providing depreciation on the bank's property is |
A. | to reduce the profit of the bank |
B. | to make usual allowances for annual wear and tear |
C. | to enable the bank to recover tills amount from the Reserve Bank of India |
D. | to strengthen the financial position of the bank |
Answer» C. to enable the bank to recover tills amount from the Reserve Bank of India | |