Current Affairs · Banking Regulations & RBI Policies
Consider the following statements regarding lending to related parties under the Credit Risk Management (Amendment) Directions, 2026: (1) Materiality thresholds vary by asset size. (2) Fully cash-secured loans are exempt from materiality limits. (3) Board approval is mandatory for all related party loans. Which of the statements given above is/are correct?
- 11, 2 and 3
- 22 and 3 only
- 31 and 2 only✓
- 41 only
Correct answer
1 and 2 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Banking Regulations & RBI Policies?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Banking Regulations & RBI Policies