Economics · Banking System
Identify the correct statement(s) from among the following in the context of the banking system in India. i. Unit banking is where operations are carried on through a single office. ii. Chain banking is where banks are controlled by a single person or group. iii. Branch banking is where only one office is operational.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only iii
- 2i, ii and iii
- 3Only i
- 4Only i and ii✓
Correct answer
Only i and ii
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