General Studies · Decision Making
Based on institutional criteria for loan approval, evaluate the case of Raman: Raman has obtained a recommendation letter from the Panchayat Pradhan. He has seven acres of cultivable land and can produce collateral of Rs. 8 lakhs. He was born on 4th July, 1955. He does not have any outstanding loan from the bank.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Advance is to be granted.
- 2Data provided is not adequate to take a decision.✓
- 3Case is to be referred to the General Manager of the bank.
- 4Advance is not to be granted.
Correct answer
Data provided is not adequate to take a decision.
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