New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Who has the been vested with the power to establish the

    Depositor Education and Awareness Fund as per section 26A of the Banking Regulation Act?
    A RBI Correct Answer Incorrect Answer
    B SEBI Correct Answer Incorrect Answer
    C Tribunal Correct Answer Incorrect Answer
    D Central Government Correct Answer Incorrect Answer
    E RBI on the recommendation of the Central Government Correct Answer Incorrect Answer

    Solution

    Section 26A. Establishment of Depositor Education and Awareness Fund: (1) The Reserve Bank shall establish a Fund to be called the Depositor Education and Awareness Fund (hereafter in this section referred to as the Fund.

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