Banking General Awareness Banking in India Question Bank Practice Questions - Current Developments in Indian Banking

  • question_answer
    A Presidential ordinance/was passed in May 2017 to deal with bad loans. Which of the following provisions has been mentioned in the ordinance?

    A)  RBI is empowered to speed up NPA resolution process.

    B)  The persons who have diverted loans will face actions first.

    C)  Both [a] and [b]

    D)  None of the above

    Correct Answer: C


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