Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Banking and Financial Institutions Financial Institutions
Which are correct regulatory provisions for foreign bank operations in India?
A. They are incorporated in India and have their head office in foreign country
B. Foreign banks since 2002 have been allowed to set up their subsidiaries in India
C. The foreign banks are allowed to operate in India even it they are not financially sound
D. They have to operate according to the banking regulations in India
E. RBI approved that foreign banks which are present in India could open their branches
Choose the correct answer from the options given below:
1
A, C, E only
2
A, B, C only
3
B, D, E only
4
C, D, E only