Form A of Third Schedule of Banking Regulation Act, 1949 deals with preparation of ..... of financial statements of Banks.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

“Form A” of Third Schedule of Banking Regulation Act, 1949 deals with preparation of ____ of financial statements of Banks.

A	Balance Sheet
B	Profit & Loss Account
C	Revenue Account
D	Appointment of auditor

Explanation:

Detailed explanation-1: -(a) Any person resident outside India may open NRO account with an authorised dealer or an authorised bank for the purpose of putting through bona fide transactions in rupees not involving any violation of the provisions of the Act, rules and regulations made thereunder.

Detailed explanation-2: -Section 29 in BANKING REGULATION ACT, 1949.

Detailed explanation-3: -Form B :-Profit and loss account for the year ended on 31st March (year) | Banking Regulation Act, 1949 | Bare Acts | Law Library | AdvocateKhoj.

Detailed explanation-4: -Form A :-Form of Balance Sheet | Banking Regulation Act, 1949 | Bare Acts | Law Library | AdvocateKhoj.

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