New ixamBee Expert Talk Session by ex-GM, NABARD
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Question

The word Borrower as per the Credit Information Companies (Regulation) Act, 2005 means___________________

A Any person who has been granted loan or any other credit facility by a credit institution and includes a client of a credit institution Correct Answer Incorrect Answer
B Any person who has been granted loan and any other credit facility by a credit institution and includes a client of a credit institution Correct Answer Incorrect Answer
C Any bank or banking institution or public financial institution Correct Answer Incorrect Answer
D Both (a) and (c) Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

Section 2(b)

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