The correct answer is: A. Yes
Banking Company or Financial Institution can withdraw the option of availing actual credit or 50% credit anytime in the financial year. This is because the option is not a right that is guaranteed to the customer. It is a privilege that can be withdrawn at any time by the bank or financial institution.
There are a few reasons why a bank or financial institution might choose to withdraw this option. One reason might be that the bank or financial institution is experiencing financial difficulties and needs to reduce its lending. Another reason might be that the bank or financial institution is concerned about the risk of default and wants to reduce its exposure to bad loans.
If a bank or financial institution does withdraw this option, it will typically give customers advance notice. However, there is no guarantee that this will be the case. Customers should therefore be aware that the option of availing actual credit or 50% credit is not a right that is guaranteed to them.
Option B is incorrect because it states that the option of availing actual credit or 50% credit cannot be withdrawn by the bank or financial institution. This is not always the case, as explained above.