WHICH OF THE FOLLOWING GUIDELINES WERE ISSUED BY RESERVE BANK OF I...

20. Which of the following guidelines were issued by Reserve Bank of India in January 1993 for the

entry of Private Sector Banks in the wake of Narasimham Committee recommendations?

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(a) The new bank upon being granted licence under the banking Regulation Act by RBI, shall be

registered as a public limited company under the Companies Act, 1956

(b) Its inclusion in the second Schedule to the reserve bank of India Act, 1934 shall be subject to

Reserve Bank’s

decision,

(c) Preference would be given to those banks the headquarters of which are proposed to be located in

the center which does not have the headquarters of any other bank,

(d) (1) and (3)

(e) All of the above