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Multiple choice

How many partners may be in a banking company?

  1. 10

  2. No. of partner may be decided by customer

  3. 15

  4. 20

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

Under the Companies Act, 1956 (and updated in subsequent acts), the number of partners in a banking company is restricted to 10 to ensure stability and regulatory oversight.

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