Question

The Aditya Birla Idea Payments Bank has started operations. As per which section of the Banking Regulation Act 1949, the RBI issued licence to the bank?
[A] Section 23 (1)
[B] Section 24 (1)
[C] Section 22 (1)
[D] Section 21 (1)

Answer 1

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$<u><b>Correct Answer$


[C] Section 22 (1)✔️✔️✔️


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Answer 2

HEY MATE ....

THE CORRECT ANSWER IS C.

SECTION 22(1)