App Logo

No.1 PSC Learning App

1M+ Downloads
Can loans be taken against FCNR(B) deposits?

ANo loans allowed

BYes, loans can be taken against the deposit

COnly government loans allowed

DLoans allowed only after maturity

Answer:

B. Yes, loans can be taken against the deposit

Read Explanation:

.


Related Questions:

GSS means ----
--- clause relieves the insurer from paying small losses on perishable goods which are the subject matter of insurance.
Where a monetary loss is likely to occur, such risks are described as ---.
The following statements are on Monetary Policy Committee. Identify the wrong statement.
A cheque is the most economical and safe method of --- transaction.