(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 services to the poor section of the society. News about ill - treatment by agents or suicides due to inability to pay back loans create anegative 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. Recovery agents will help banks to get their money back by all possible means. |
A) Only (1)
B) Only (2)
C) Both (1) and (2)
D) Only (3)
E) All (1), (2) and (3)
Correct Answer: E
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