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Which of the following best represents financial discipline in loan administration?

Type: MCQ • Marks: 1
Which of the following best represents financial discipline in loan administration?
Options
A. Timely monitoring and recovery of amounts due
B. Indefinite postponement of recovery
C. Unrecorded advances
D. Verbal extensions without authority
Explanation
Recoverable public money must be actively monitored.
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UPSC Principal & Vice Principal Management Finance Administration

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