Current Affairs · Banking & Financial Regulations
In the context of credit appraisal and the principles of lending, which specific document is mandatory for a bank to verify before granting a credit facility to a Limited Company to ensure that the borrowing does not exceed the limits specified under Section 180(1)(c) of the Companies Act, 2013?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1A special resolution passed by the shareholders in a general meeting✓
- 2The Search Report from the Registrar of Companies and the list of directors
- 3A certified copy of the Board Resolution and the Articles of Association
- 4The Certificate of Incorporation and the Memorandum of Association
Correct answer
A special resolution passed by the shareholders in a general meeting
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Banking & Financial Regulations MCQs →Want more practice questions on Banking & Financial Regulations?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Banking & Financial Regulations