The RBI is planning to carry out a quick fund infusion exercise in the Deposit Insurance and Credit Guarantee Corporation of India (DICGC). Which of the following is the reason owing to which RBI is considering for such a quick move ?A. DICGC has to make payments to the customers of several cooperative banks failed in recent pastB. It is one of he conditions the World Bank and IMF have put before release of any fresh credit to India.C. Since Finance Ministry is of the opinion that only big banks having sound health should survive, DICGC is also required to be strengthened accordingly.1). Only A2). Only B3). Only C4). Only A & C

The RBI is planning to carry out a quick fund infusion exercise in the

1.	The RBI is planning to carry out a quick fund infusion exercise in the Deposit Insurance and Credit Guarantee Corporation of India (DICGC). Which of the following is the reason owing to which RBI is considering for such a quick move ?A. DICGC has to make payments to the customers of several cooperative banks failed in recent pastB. It is one of he conditions the World Bank and IMF have put before release of any fresh credit to India.C. Since Finance Ministry is of the opinion that only big banks having sound health should survive, DICGC is also required to be strengthened accordingly.1). Only A2). Only B3). Only C4). Only A & C
Answer» I THINK OPTION 1 is the RIGHT ANSWER