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Reported Question / Answer
Q.) The Government has decided to amend the Banking companies Act to give public sector banks, the Rights of Passage. What is a Rights of Passage ?
1)
The banks can raise equity capital through rights issue
2)
The banks can seize the hypothecated goods
3)
The banks can rise tier I capital
4)
The banks can issue innovative Perpetual Bonds
5)
None of these
Answer :
1
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