MCQOPTIONS
Saved Bookmarks
| 1. |
With a view to enlarge resources available to RRBs for a variety of purposes, especially in the context of programme of financial inclusion, general credit card etc. Reserve Bank advised that |
| A. | Sponsor banks should provide them lines of credit at a reasonable rate of interest |
| B. | RRBs may borrow from/or place funds with other RRBs, including those sponsored by other banks, subject to counter party Credit Risk Policy and limits |
| C. | RRBs may enter into ready forward transactions in government securities with Subsidiary General Ledger (SGL), Constituent Subsidiary General Ledger (CSGL) account holders |
| D. | Both [b] and [c] |
| E. | All of the above |
| Answer» F. | |