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Question

Deposit Insurance and Credit Guarantee Corporation is issued and subscribed by which of the following organisation? 

A Government of India Correct Answer Incorrect Answer
B Reserve Bank of India Correct Answer Incorrect Answer
C State Bank of India Correct Answer Incorrect Answer
D SEBI Correct Answer Incorrect Answer
E SIDBI Correct Answer Incorrect Answer

Solution

The authorized capital of the Corporation is 50 crore, which is fully issued and subscribed by the Reserve Bank of India (RBI).

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