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Banking General Awareness Banking System Question Bank Practice Questions - Challenges in Banking System

  • question_answer
    Which of the following statements is/are correct?
    I. Union government has the power to direct the RBI to take necessary steps to initiate the NPA resolution.
    II. Only the President can direct the RBI to take necessary steps to initiate the NPA resolution.

    A)  I only

    B)  II only

    C)  Both I and II

    D)  None of these

    Correct Answer: A

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