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Commerce · Q65

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 65

Q65

As per RBI directives which of the following areas/functions cannot be outsourced by the Banks:

A.
Opening and closing of accounts
Answer
B.
Cash collection from the parties
C.
Recovery of bad loans
D.
Credit and debit cards

Answer: Option A

Solution

Answer: Option A
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