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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

  • 1
    2 : 2 : 1
  • 2
    4 : 2 : 1
  • 3
    2 : 1 : 4
  • 4
    1 : 1 : 1
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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.

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