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Banking & Finance

Quick practice

Question 1 of 5

Statement-1 The Union Cabinet chaired by the Prime Minister has approved the establishment of the National Financial Reporting Authority .

Statement-2: It will consist  one chairman, three posts of full-time members, one post for secretary.


A

Both statements 1 and 2 are correct.

B

Statement-1 is false while statement-2 is correct.

C

Statement-1 is correct whereas statement-2 is false.

D

Both Statements-1 and 2 are wrong.

Concepts

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