Question

The schedule of BR Act that deals with forms of balance sheet

• A. 1
• B. 2
• C. 3
• D. 4

Answer 1

Answer:

C. 3

SCHEDULES of Banking Regulat Act:

• Schedule 1 : Amendments

• Schedule 2 : Repeal

• Schedule 3 : Deals with Forms of Balance sheet

• Schedule 4 : List of Debtors

• Schedule 5 : Principles of Compensation

• Balance Sheet : 12 Schedules

• Profit and loss account : 4 Schedules

• Total schedules - 16