Banking General Awareness Reserve Bank of India Question Bank Practice Questions - Reserve Bank of India - Structure and Functions

  • question_answer
    The Reserve Bank of India has directed all the banks to ensure that the names of their customers/ individuals or corporate, do not appear in any list published by the Security Council Committee. This act/directive of the RBI is to ensure which of the following?

    A)  To ensure that the bank loans / advances taken by the individuals/organisations are used only in those activities for which they are taken

    B)  To ensure that money deposited in the bank has not come from unknown and unauthorised sources

    C)  To ensure that no one visits a foreign nation for any illegal activity by purchasing foreign currency from a bank

    D)  To ensure that Indians do not go to a nation where they are being targeted for racial discrimination

    E)  None of these

    Correct Answer: C


You need to login to perform this action.
You will be redirected in 3 sec spinner