What amount of cash can be lend against gold by the non-banking financ – McqOptions

MCQOPTIONS

1.	What amount of cash can be lend against gold by the non-banking financial companies (NBFCs), as per a directive issued by the Reserve Bank of India (RBI)?
A.	Rs. 30000
B.	Rs. 20000
C.	Rs. 50000
D.	Rs. 1 lakh
Answer» C. Rs. 50000

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