Question

span >Which of the following is true about the wholesale banks to be set up for long-term finance, as proposed by RBI in its discussion paper. i. The licences are to be available on tap ii. Large industrial houses cannot take more than 24% stake in these iii. These banks will not be mandated to open branches in rural areas

A Only i & ii
B Only i and iii
C Only ii & iii
D Only iii
E All of the above
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