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    Question

    As per the revised RBI norms, banks can now open current

    or overdraft accounts without restrictions for borrowers with exposure below what amount?
    A тВ╣5 crore Correct Answer Incorrect Answer
    B тВ╣10 crore Correct Answer Incorrect Answer
    C тВ╣15 crore Correct Answer Incorrect Answer
    D тВ╣20 crore Correct Answer Incorrect Answer
    E тВ╣25 crore Correct Answer Incorrect Answer

    Solution

    According to the revised guidelines by the RBI, banks are allowed to open and maintain current or overdraft accounts without restrictions for customers whose total exposure is less than тВ╣10 crore. This measure is aimed at improving credit monitoring and fund tracking.

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