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Nomination facility for deposit and locker accounts is provided under which sections of the BR Act?
ASections 45ZA to 45ZF
BSections 20 to 24
CSections 5 to 9
DSections 30 to 34
Answer & Solution
Correct answer: A. Sections 45ZA to 45ZF
1. The question asks: Nomination facility for deposit and locker accounts is provided under which sections of the BR Act.
2. Correct answer: Sections 45ZA to 45ZF.
3. Sections 45ZA-45ZF of the BR Act cover nomination in accounts.
_Source: BOI Quick Revision — General Banking & Financial Awareness (2020), BR Act §45ZA-ZF_