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Section ______ of the Banking Regulation Act, 1949 prohibits a banking company incorporated in India from appointing as Director on its Board, any per

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Section ______ of the Banking Regulation Act, 1949 prohibits a banking company incorporated in India from appointing as Director on its Board, any person who is a Director of any other banking company.
1. 17
2. 15
3. 16
4. 18
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Correct Answer - Option 3 : 16

The correct answer is 16.

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