Banking General Awareness Financial Institutions in India Question Bank Financial Institutions in India

  • question_answer
    Loan against commodities

    A)  are not allowed by banks except with the prior approval of RBI

    B)  are not popular in India

    C)  have been one of the earliest forms of bank advances

    D)  are allowed only to approved parties

    E)  None of the above

    Correct Answer: C


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