2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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RBI allows this bank to offer regular banking services in India.
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Bank of China
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DBS Bank
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Standard Chartered
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China Merchants Bank
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Explanation:
Detailed explanation-1: -RBI carries out the general banking business of the governments through its own offices and commercial banks, both public and private, appointed as its agents.
Detailed explanation-2: -RBI has authorised four private sector banks viz. ICICI Bank Ltd., UTI Bank Ltd., IDBI Bank Ltd.
Detailed explanation-3: -Reserve Bank of India Question 6 Detailed Solution The correct answer is National Housing Bank. National Housing Bank is a subsidiary of RBI.
There is 1 question to complete.