The Reserve Bank of India has taken some initiatives to prevent a US type sub-prime Crisis in India. Which of the following is/ are such initiatives? A. Banks are adviced to set up credit counselling centres. B. Banks should stop giving housing loans to big borrowers (Asking for loans of Rs.50 lakhs and above ) C. Banks should not give loans to builders and property dealers/developers

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Question:
The Reserve Bank of India has taken some initiatives to prevent a US type sub-prime Crisis in India. Which of the following is/ are such initiatives?

A. Banks are adviced to set up credit counselling centres. 

B. Banks should stop giving housing loans to big borrowers (Asking for loans of  Rs.50 lakhs and above )

C. Banks should not give loans to builders and property dealers/developers

1.Only

2.Only (B)

3.Only (C)

4.All (A), (B), (C)

Posted Date:-2021-06-13 07:55:51

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