Multiple choice

Section 43A of Banking Regulation Act deals with

  1. notification of rules for preservation of records

  2. rules governing nomination

  3. voluntary winding up of a banking company

  4. preferential payments on liquidation of a bank

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Section 43A of Banking Regulation Act deals with preferential payments to depositors on liquidation of a bank.