Multiple choice

RBI cannot give directions to banks for loans and advances in respect of which of the following?

  1. Purpose of which the loan can be allowed

  2. Margin to be maintained for secured advances

  3. Maximum amount of loan that may be sanctioned to one company, firm or association of persons

  4. None of the above

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Correct Answer: None of the above