Which of the following Act refers to the acquisition and transfer of the undertakings of certain banking companies?

Related MCQs

• Which of the following is/are true about the Negotiable Instruments Act, the Promissory Note is … A) Definition of Promissory Note is given in section 8 of the Negotiable Instrument Act B) Containing an unconditional undertaking C) To pay a certain sum of money only to a specific person or the bearer D) The seller is bound to accept the promissory note E) A document was written and signed by the payer/maker
• Who has the power to give directions to other Banking Companies?
• Form of Balance sheet of banking Companies includes Reserve & Surplus in
• Form of Balance sheet of banking Companies includes Fixed assets in
• Contigent Liabilities in case of banking Companies are included in_________.
• What type of mortgages are used to finance the acquisition of apartment complexes, townhouses, and condominiums?
• In which year was the Banking Regulation Act passed?
• In which year, the Banking Regulation Act was amended to include cooperative banks under its purview by adding the Section 56.
• Which section of Banking Regulation Act 1949 relates with the Power of Reserve Bank to issue directions in respect of stressed assets?
• ____________________are excluded from the Banking Regulation Act 1949.