Question

The authorised capital of the Exim Bank shall be_______________

A Five thousand crores of rupees Correct Answer Incorrect Answer
B Ten thousand crores of rupees Correct Answer Incorrect Answer
C Fifteen thousand crores of rupees Correct Answer Incorrect Answer
D Twenty thousand crores of rupees Correct Answer Incorrect Answer
E Thirty thousand crores of rupees Correct Answer Incorrect Answer

Solution

Exim Bank Act: Section 4. Authorised capital: (1) The authorised capital of the Exim Bank shall be ten thousand crores of rupees: Provided that the Central Government may, by notification, increase the said capital up to an amount that it may deem necessary from time to time.

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