Question

    In May 2023, the Reserve Bank of India (RBI) warned banks against the practice of _____, that is done by banks to prevent the previous loan from being considered a bad debt in the banks’ records.

    A honeycombing of Loans Correct Answer Incorrect Answer
    B evergreening of loans Correct Answer Incorrect Answer
    C balancing of loans Correct Answer Incorrect Answer
    D revolving of loans Correct Answer Incorrect Answer

    Solution

    The correct answer is B

    Practice Next