New Enroll for RBI, SEBI & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Which of the following is not a fully owned subsidiary

    of Reserve Bank of India (RBI)?
    A National Housing Bank Correct Answer Incorrect Answer
    B National Bank for Agriculture and Rural Development (NABARD) Correct Answer Incorrect Answer
    C Deposit Insurance and Credit Guarantee Corporation of India (DICGC) Correct Answer Incorrect Answer
    D Bhartiya Reserve Bank Note Mudran Pvt. Ltd. (BRBNML) Correct Answer Incorrect Answer
    E All are fully owned by RBI Correct Answer Incorrect Answer

    Solution

    NABARD was started with a share capital of Rs.100 Cr. The current share capital of NABARD is Rs.30000 Cr and is 100% owned by Government of India.

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