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  • Q4) What did the Indian Bank Asso

Q4) What did the Indian Bank Association contest in the case "Indian Bank Association v. Union of India (2020)"?

Option: 1

A) The decision to raise lending rates by the Reserve Bank of India.


Option: 2

B) A government announcement granting borrowers concessions during a downturn in the economy.


Option: 3
  1. The implementation of a new banking taxation scheme.

Option: 4

D. The decision by the government to nationalise a few private banks.


Answers (1)

best_answer

In the aforementioned instance, the IBA disputed a government notification requesting banks to grant specified relaxations to borrowers in light of the current economic climate hence option B is correct option .

Posted by

Kuldeep Maurya

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