Question

Nishant Pathak was born on 14th August, 1958. He has three acres of cultivable land. He can produce a recommendation letter from the Parichayat Pradhan. He can give collateral of Rs. 9 lakhs and does not have any outstanding loan from the bank. He grows two crops in each piece of his land.

• A. If the advance is not to be granted
• B. If the case is to be referred to the General Manager of the bank
• C. If the advance is to be granted
• D. If the case is to be referred to the Chairman of the bank

Answer 1

Answer: (D)

If the case is to be referred to the Chairman of the bank

Since He has 3 acres of cultivable land with two crops in each piece of land, his case is to be referred to the Chairman of the bank