Banking General Awareness Banking Regulation System of India Question Bank Banking Regulation System of India

  • question_answer
    The term 'moral suasion' refers to

    A)  the moral duty of a borrower to deal with only one bank

    B)  the banker's duty of secrecy as regards the affairs and accounts of his customers

    C)  the advice given by Reserve Bank to banks/financial institutions in the matter of their lending land other operations with the objective that they might implement or follow it

    D)  All of the above

    E)  None of the above

    Correct Answer: C


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