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Q:

The government wants to provide public sector banks "right to the passage". What is the right to the passage?

  • 1
    the banks can raise equity capital through rights issue.
  • 2
    the banks can seize the hypothecated goods.
  • 3
    the banks can raise tier 1 capital
  • 4
    the banks can issue various bonds
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Answer : 1. "the banks can raise equity capital through rights issue."

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