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
Which state or union territory received the GI tag for Basholi painting?
The Prime Minister does not act as the chairman for which of the following committees?
Which language is directly understood by the computer without translation Program?
Which of the following order is given to the plantes of solar system on the basis of their sizes?
Which of the following are the legally binding agreements adopted in the 1992 Earth Summit?
1.Convention on Biological Diversity
2.Frame...
A shopkeeper marked an article P% above its cost price and sold it for Rs. 730 after giving a discount of 25%. If the shopkeeper had a loss of 10% on th...
15 men can complete a work in 280 days. They started the work and after every 10 days, 15 additional men were employed. In how many days the work was c...
P purchased a book from registered store and gets 15% discount while Q purchased the same book from a roadside stall and got 19% discount. If Q paid Rs....
Who appoints the Insurance Ombudsmen?
Who among the following introduced the celebration of Ganesh Chaturthi and Shivaji Festivals to bring the Indian society together and inspire patriotic ...
