Question

Reserve Bank of India is empowered to:

A collect credit information. Correct Answer Incorrect Answer
B Furnish credit information to any banking company Correct Answer Incorrect Answer
C Furnish credit information to Central Government. Correct Answer Incorrect Answer
D A and B. Correct Answer Incorrect Answer
E A, B and C. Correct Answer Incorrect Answer

Solution

As provided under s.45B. Power of Bank to collect credit information.—The Bank may— (a) collect, in such manner as it may think fit, credit informa­tion from banking compaines; and (b) furnish such information to any banking company in accordance with the provisions of section 45D.

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