On which one of the following issues can SEBI penalise any company in India?begin{enumerate}item Violation of Banking Regulation Act.item Violation of foreign portfolio investment guidelines.item For violation of Negotiable Instrument Act.end{enumerate} Select the correct answer using the codes given below:

BANKING GENERAL KNOWLEDGE

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

On which one of the following issues can SEBI penalise any company in India?

A	Only 1
B	1, 2, and 3
C	1 and 2
D	All of these

Explanation:

Detailed explanation-1: -Apart from this, the Banking regulation act was Passed initially as the Banking Companies Act 1949. It had legally come into power on 16 March 1949 and its name transformed to Banking Regulation Act 1949 on the date 1 March 1966.

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