MCQOPTIONS
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| 1. |
Statement : Exporters in the capital are alleging that commercial banks are violating a Reserve Bank of India directive to operate a post shipment export credit denominated in foreign currency at international rates from January this year.Courses of Action :I. The officers concerned in the commercial banks are to be suspended.II. The RBI should be asked to stop giving such directives to commercial banks. |
| A. | Only I follows |
| B. | Only II follows |
| C. | Either I or II follows |
| D. | Neither I nor II follows |
| E. | Both I and II follow |
| Answer» E. Both I and II follow | |