5 Questions
What is the purpose of the Ghosh Committee Recommendations?
To outline precautions for averting frauds
What do the guidelines relating to the conduct of guarantee business primarily address?
Precautions for issuing guarantees
What is the focus of the Bank Guarantee Scheme of Government of India?
Providing guarantees on behalf of banks' directors
What is the purpose of guidelines relating to obtaining personal guarantees of promoters, directors, and other managerial personnel?
To ensure additional security for borrowing concerns
What is the focus of guidelines for issuing bid bonds and performance guarantees for export?
Guarantees for export advance
Test your knowledge of banking regulations and guidelines with this quiz on RBI's Master Circular on Guarantees and Co-acceptances. Explore key instructions and guidelines issued to scheduled commercial banks, and enhance your understanding of banking practices.
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