The term banking is defined in section ….

Related MCQs

• The P&L A/c of Banking Companies are prepared as per ………….of Banking Regulation Act.
• The P&L A/c of Banking Companies are prepared as per …………. of Banking Regulation Act.
• Banking business in India is largely governed by the Banking Regulation Act‐‐‐‐‐‐‐‐‐
• A Banking company required to prepare its balance sheet according to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ in the schedule III to the banking
• A Banking company required to prepare final accounts according to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ schedule to the banking Regulation Act.
• Advanced tax paid by a banking company is shown as ---- in the Balance Sheet.
• Banking companies are governed in India by ……….
• Banking companies are governed in India by
• A Banking company should transfer ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of its profits to a statutory reserve.
• A banking company should transfer 25% of its profits to a ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐