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:

1. The officers concerned in the commercial banks are to be suspended.

2. 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


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