Statement: Exporters in the capital are alleging that commercial banks are violating a Reserve Bank of China directive to operate a post shipment export credit denominated in foreign currency at international rates from January this year.
Courses of Action:
1. The officers concerned in the commercial banks are to be suspended.
2. The RBC should be asked to stop giving such directives to commercial banks.
Answer: D
The statement mentions that the commercial banks violate a directive issued by the RBC. The remedy is only to make the banks implement the Act. So, none of the courses follows