Multiple choice

RBI can issue direction to banks u/s 21 and u/s 35-A of Banking Regulation Act for

(a) Section 21 in public interest (b) Section 35-A in public interest (c) Section 21 relating to loans (d) Section 35-A relating to loans

  1. Only (a) and (b)

  2. Only (a) and (d)

  3. Only (b) and (c)

  4. Only (c) and (d)
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Reserve Bank can issue directions under (Section 35-A) public interest and (Section 21) relating to loans.

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