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Which section of The Banking Regulation Act 1949 deals with the prohibition of common directors?

ASection 16 of The Banking Regulation Act of 1949

BSection 14 of The Banking Regulation Act of 1949

CSection 13 of The Banking Regulation Act of 1949

DSection 18 of The Banking Regulation Act of 1949

Answer:

A. Section 16 of The Banking Regulation Act of 1949

Read Explanation:

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Related Questions:

According to the report received by the state government from the Bankers committee, which district topped the list of aspirational districts of Bihar in terms of providing banking facilities.

Which of the following is false about spinning Co-operatives ?

  1. First co-operative Spinning Mill was formed in 1953.
  2. AIFCOSPIN Started in 1993.
  3. Co-operative Cotton spinning factory opened in 1919.
  4. Trade deposit is related to Spinning Cooperatives.
    In Summary of defects, errors of routine nature is furnished in
    .. serves as an organizational instrument for the economically weaker producers - farmers, artisans or workers and consumers for strengthening themselves and protecting themselves against the exploitation by the stronger.

    Arrange the main stages of Co-operative audit in its correct order.

    1. Mechanical audit.

    2. Preparation of financial statement.

    3. Administrative audit.

    4. Preparation and submission of audit report.