Which of the following statements are False? 1.A banking company is registered under the Banking Re

Discussion in 'IIBF JAIIB CAIIB' started by Monika Priya, Sep 12, 2017.

  1. Monika Priya

    Monika Priya New Member

    Which of the following statements are False? 1.A banking company is registered under the Banking Regulation Act 2.Co-operative banks are registered under the Multi-State Co-operative Societies Act or a State Co- operative Societies Act 3.Accepting deposits for lending would fall within the definition of "banking 4.Subsidiaries of the State Bank are companies registered under the Companies Act a. 1 and 2 are false b. 1 and 3 are false c. 2 and 4 are false d. 1 and 4 are false
     
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