Question

Under Section 47 of the RBI Act, 1934, after making provision for bad and doubtful debts, depreciation and other matters, the balance of the profits of the Bank shall be paid to whom?

A The Reserve Fund
B The shareholders of the Bank
C The Central Board
D The Central Government
E The National Bank
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)