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    Question

    What is the maximum value of gold ornaments and

    jewellery against which loans can be sanctioned?
    A 75 per cent Correct Answer Incorrect Answer
    B 25 per cent Correct Answer Incorrect Answer
    C 100 per cent Correct Answer Incorrect Answer
    D 50 per cent Correct Answer Incorrect Answer
    E 80 per cent Correct Answer Incorrect Answer

    Solution

    Under the prescribed RBI guidelines, loans sanctioned by banks against pledge of gold ornaments and jewellery should not exceed 75 per cent of the value of gold ornaments and jewellery.

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