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      Question

      Reserve Bank of India has imposed several restrictions

      on Indian Mercantile Cooperative Bank Ltd, Lucknow, including a cap of Rs 1 lakh on withdrawals. This restriction is allowed on which accounts?
      A Saving account Correct Answer Incorrect Answer
      B Current Account Correct Answer Incorrect Answer
      C Any other account Correct Answer Incorrect Answer
      D Only a, b, and c Correct Answer Incorrect Answer
      E Only b and c Correct Answer Incorrect Answer

      Solution

      The withdrawal restriction of Rs 1 lakh is applied to all saving and current accounts or any other account

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