Question

    Which of the following is NOT a fully owned subsidiary

    of the Reserve Bank of India (RBI)?
    A RBIH Correct Answer Incorrect Answer
    B DICGC Correct Answer Incorrect Answer
    C IFTAS Correct Answer Incorrect Answer
    D MUDRA Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India's fully owned subsidiaries include the Deposit Insurance and Credit Guarantee Corporation of India (DICGC), Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), Reserve Bank Information Technology Private Limited (ReBIT), Indian Financial Technology and Allied Services (IFTAS), and the Reserve Bank Innovation Hub (RBIH). MUDRA (Micro Units Development and Refinance Agency) is not a fully owned subsidiary of the RBI.

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