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    Question

    What are the various forms of business in which the

    Banking Companies may engage as per the Banking Regulation Act, 1949? 
    A Borrowing, raising, or taking up of money Correct Answer Incorrect Answer
    B Contracting for public and private loans Correct Answer Incorrect Answer
    C Acting as agents for any Government or local authority Correct Answer Incorrect Answer
    D All the above Correct Answer Incorrect Answer

    Solution

    Section 6 Forms of business in which banking companies may engage.

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