The RBI has asked the banks not to grant loans to individuals for the purchase of which of the following?

Gold

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Agricultural land

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Two-wheelers in rural areas

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All of the above

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Solution

The correct option is A All of the above
RBI is the apex bank and gives directives to all commercial banks. The RBI has asked the banks not to grant loans to individuals for the purchase of gold, agricultural land and two wheeler in rural areas. It means no individual will get any amount from the bank to buy gold, agricultural land and two wheeler in rural areas.

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