On what date did the Banking Companies Act 1949 come into force?
A16 March 1949
B1 April 1935
C19 July 1969
D1 March 1966
Answer & Solution
Correct answer: A. 16 March 1949
The Act came into force on 16 March 1949, while 1 March 1966 was the date of the renaming.
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