Join ExamsbookAnswer : 2. "4 : 2 : 1"
As per the provisions of Section 12 of the Banking Regulation Act, 1949, the minimum ratio between authorized, subscribed and paid-up capital of a banking company should be5
Q: As per the provisions of Section 12 of the Banking Regulation Act, 1949, the minimum ratio between authorized, subscribed and paid-up capital of a banking company should be
- 12 : 2 : 1false
- 24 : 2 : 1true
- 32 : 1 : 4false
- 41 : 1 : 1false
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Answer : 2. "4 : 2 : 1"
Explanation :
Answer: B) 4 : 2 : 1 Explanation: As per the provisions of Section 12 of the Banking Regulation Act, 1949, the minimum ratio should be 4:2:1.