MCQOPTIONS
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| 1. |
Read the following sentences about Financial Resolution and Deposit Insurance (FRDI). Answer which of the following sentences about FRDI are true.nI. FRDI Bill was introduced in Lok Sabha in July 2018.nII. It introduces abail-inprovision that states that financial institutions can use their deposited funds to proceed if they fail.nIII. On August-18, the bill was withdrawn from the Lok Sabha. |
| A. | Only II is correct. |
| B. | Only III is correct. |
| C. | II and III are correct. |
| D. | All are correct. |
| Answer» D. All are correct. | |