MCQOPTIONS
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| 1. |
The term 'moral suasion' refers to |
| A. | the moral duty of a borrower to deal with only one bank |
| B. | the banker's duty of secrecy as regards the affairs and accounts of his customers |
| C. | the advice given by Reserve Bank to banks/financial institutions in the matter of their lending land other operations with the objective that they might implement or follow it |
| D. | All of the above |
| E. | None of the above |
| Answer» D. All of the above | |