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      Question

      Gold (Metal) Loans can be extended by nominated banks to

      which of the following entities?
      A Exporters of jewelry who are customers of other scheduled commercial banks. Correct Answer Incorrect Answer
      B Domestic jewelry manufacturers. Correct Answer Incorrect Answer
      C Both a) and b). Correct Answer Incorrect Answer
      D Only entities listed in Annex 1. Correct Answer Incorrect Answer
      E None of the above. Correct Answer Incorrect Answer

      Solution

      Nominated banks can extend Gold (Metal) Loans to exporters of jewelry who are customers of other scheduled commercial banks as well as domestic jewelry manufacturers.

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