Economics Quiz - Question & Answers Set - 6

  • Question 1 :
  • Which one of the following tools is used by RBI for selective credit control? 

  • It advises banks to lend against certain commodities
  • It advises banks to recall the loans for advances against certain commodities
  • It advises banks to charge higher rate of interest for advance against certain commodities
  • It discourages certain kinds of lending by assigning higher risk weights to loans it deems undesirable
  • None of these
  • Question 12 :
  • Credit Rating 

  • is used to rate the borrowers while giving advances
  • is used to work out performance of the employees.
  • is used to calculate the number of excellent audit rated branches.
  • is NOT used in any Bank.
  • is necessary before giving promotion to employees
Economics Quiz - Question & Answers Set - 6
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