Question 29

The Reserve Bank of India in the beginning of the year 2002 provided some relaxation in the
norms for agricultural advances made by the commercial banks. Which of the following is NOT
TRUE in the regard ?
(A) Earlier these norms were applicable only for direct agricultural advacnes but now all short-
term agricultural crop loans are also covered.
(B) For reckoning non-performing assets norms of four harvesting seasons should be made
applicable.
(C) Each harvesting season should be of one year duration.


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