Banking General Awareness Banking in India Question Bank Practice Questions - Current Developments in Indian Banking

  • question_answer
    Which of the following statements is/are correct about Islamic Window?
    I. SBI has proposed opening of "Islamic window" banks.
    II. It will introduce Sharia-compliant or interest-free banking in the country.
    iii. Loans will be provided to Muslims at very low interest rates.

    A)  II only                         

    B)  I and II

    C)  I, II and III       

    D)  I and III

    Correct Answer: B


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