In case of banking company incorporated outside India, aggregate value of its paid-up capital and reserve shall not be less than Rs. __________.

Related MCQs

• In the case of a banking company incorporated outside India balance-sheet and profit and loss account shall be signed by _________ of the company.
• In case of an Indian banking company, the sum of its paid-up capital and reserves if it has places of business in more than one State shall not be less than
• Reserve Bank means the Reserve Bank of India constituted under section 3 of the Reserve Bank of India Act, _________.
• The Reserve Bank of India is given the responsibility of regulating and supervising the _________ under Reserve Bank of India Act, 1934.
• According to Sec. ______, a banking company is not permitted to pay directly or indirectly by way of commission, brokerage, discount or remuneration on issues of its shares in excess of 2½% of the paid-up value of such shares.
• Which section of Banking Regulation Act 1949 relates with the Power of Reserve Bank to issue directions in respect of stressed assets?
• Form of Balance sheet of banking Companies includes Reserve & Surplus in
• Banking company means any company which transacts the business of ________.
• Contigent Liabilities in case of banking Companies are included in_________.
• Change of name by a banking company only happens with the approval of __________?