MCQOPTIONS
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| 1. |
The Reserve Bank of India issued a draft on Large Exposure Limit. Which fact is true regarding this? |
| A. | According to the new rule, no more than 25 percent of the back equity capital can be given loan to any one group. Earlier this limit was 55 percent. |
| B. | For individuals, this limit has been reduced from 20 per cent to 15 per cent. |
| C. | The proposed Large Exposure Framework will be fully implemented with effect from March 31, 2019. |
| D. | All of the above |
| Answer» E. | |