Which of the following is not an initiative underlying RBI?s
Monetary and Credit Policy 2004-05 ?

(a) A more comprehensive definition of infrastructure
lendings for practical purposes

(b) Increase in the lending limit for non-bank participants

(c) Withdrawal of 15% cap on unsecured exposures for banks

(d) Establishment of Payment and Settlement Systems to
oversee payments nationwide

Answer Posted / sapna

( b ) Increase in the lending limit for non-bank participants

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