(1) RBI and Govt were getting many complaints from the public about the misbehaviour of Recovery Agents. |
(2) Govt of India is paying much emphasis on providing banking service to the poor section of the society. News about ill - treatment by agents or suicides due to inability to pay back loans create a negative picture. RBI does not want this to happen. |
(3) Despite banks' efforts to recover loans' many people still do not wish to repay their loans, intentionally. |
A) Only (1)
B) Only (2)
C) Both (1) & (2)
D) Only (3)
E) All (1), (2) & (3)
Correct Answer: C
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