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Indian Banking and Financial System

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Multiple Choice

Which of the following statements is incorrect regarding RRB?

  1. These banks are exempted from maintenance of SLR and CRR
  2. These banks can do non-fund based business
  3. These banks can invest in shares and debentures of companies
  1. 1
  2. 1 and 2
  3. 2 and 3
  4. 1, 2 and 3