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DICGC · DICGC stands for Deposit Insurance And Credit Guarantee Corporation. · It ensures the money of the bank deposit holders if the bank fails to pay. · The maximum amount insured by DICGC was ₹ 1 lakh till the 4th February 2020. · After that, In the FY-2020 Budget, the insured amount was increased to ₹ 5 lakh in the wake of the Punjab and Maharashtra Cooperative Bank crisis. · It was established under the DICGC act 1961, on 15th July 1978. · All commercial bank including branches of a foreign bank in India, local area bank and RRB are insured by DICGC · However, NBFC and primary cooperative society are not insured by RBI · DICGC insures all types of account. for instance, all the Current, fixed, saving and recurring bank accounts. · Dr. M.D. Patra is the current chairman of DICGC who is also Deputy Governor of RBI . BRBNMPL · BRBNMPL stands for Bharatiya Reserve Bank Note Mudran Private Limited. · Established in 1995 to address the demand and supply for banknotes. · It was registered as a Private Limited Company under the Companies Act of 1956 · The primary function of BRBNMPL is to print the banknotes for the Reserve Bank of India (RBI). · It operates with 2 presses, 1 in Mysore and 1 in Salboni. · The current capacity for both the presses is to print 16 billion note pieces per year on a 2-shift basis. · The MD of BRBNMPL is Shri Manas Ranjan Mohanty. · Headquarter: Bengaluru ReBIT · ReBIT Stands for Reserve Bank Information Technology Private Limited · ReBIT was established in July 2016 to improve the cyber resilience of the Indian banking industry. · It ensures the IT and cybersecurity requirement of the Indian banking industry · Mr Kiran Karnik is the Chairman of ReBIT IFTAS · IFTAS stands for Indian Financial Technology and Allied Services · The primary function of IFTAS is to designs, deploys & provides essential IT-related services for the Reserve Bank of India and other financial institutions. · In conclusion, it enhances the digital infrastructure of the entire financial system. · IFTAS is established under Section 8 of the Indian Companies Act, 2013. · Mr T. Rabi Sankar is the current Chairman of IFTAS · Dr N Rajendran is the Chief Executive Officer of IFTAS · Headquarter: Mumbai
The ratio of downstream speed to upstream speed of a boat is 5:3. If the boat can cover 160 km in still water in 10 hours, then find the difference betw...
The speed of the stream is 12 km/h, and the speed of the boat in still water is 50% greater than the speed of the stream. Calcula...
A, B and C started a business by investing in the ratio 1/5 : 1/4 : 2/6. After 6 months C withdrew 1/4 of his investment. If after 1 year from start of ...
The ratio of speed of the boat and the speed of the current is 6:5. If the downstream speed of the boat is 44 km/hr. Then find how much distance will th...
Speed of boat is 20 km/hr. Speed of the stream is 20% less than speed of boat. Then find time taken by boat to go 72 km downstream?
A boatman covers 192 km upstream in 4 hours and 288 km downstream in 4 hours. Find the time taken by the boatman to cover 240 km in still water.
A man can row 12 km/hr in still water. If the speed of the current is 3 km/hr, it takes 4 hours more in upstream than in the downstream for the same dis...
A boat can travel 21 km downstream in 42 min. The ratio of the speed of the boat in still water to the speed of the stream is 5: 1. How much time will t...
The ratio of the speed of boats ‘A’ and ‘B’ in still water is 8:9, respectively. The speed of the current is 25% of the speed of boat ‘A’ in...