insurence exam LIC HFL Assistant/Assistant Manager Mock Test Series Banking and Financial Awareness Basic Banking Concepts
What does the term “Licensed banks” mean?
1
Banks licensed to deal in foreign exchange business under the Foreign Exchange Regulation Act, 1973
2
Banks licensed to participate in the “Clearing house”
3
Banks licensed by the Reserve Bank of India under Section 22 of the Banking Regulation Act, 1949 for carrying on or commencing banking business in India
4
All of the Above
5
None of the above