SBI Junior Associates Model Paper 2

Question : 36 of 199

Marks: +1, -0

The term “Moral Suasion” refers to

the bankers duty of secrecy as regards the affairs and accounts of his customers.
moral duty of a borrower to deal with only one bank
moral duty of a borrower to deal with more banks
the advice given by Reserve Bank to banks/financial institutions in the matter of their lending and other operations with the objective that they might implement or follow
All of the above

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