Question

What is the maximum limit for loans/advances to individuals from banking systems against the security of shares, specifically for subscribing to IPOs?

A There is no limit
B Rs. 5 lakhs
C Rs. 20 lakhs
D Rs. 10 lakhs
E Rs. 15 lakhs
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)