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Explain licensing of bank in easy word |
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Answer» Answer: A BANKING license is a LEGAL prerequisite for a financial institution that wants to CARRY on a banking business. Under the LAWS of most jurisdictions, a business is not permitted to carry WORDS like a bank, insurance, national in their name, unless it holds a corresponding license. Explanation: Please mark me as Brainliest . I need Brainliest most . |
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