Question

  What is the capital of Reserve Bank of India as per RBI Act, 1934?

A 5 crores Correct Answer Incorrect Answer
B 10 crores Correct Answer Incorrect Answer
C 50 crores Correct Answer Incorrect Answer
D 1 crore Correct Answer Incorrect Answer
E no limit set by the act. Correct Answer Incorrect Answer

Solution

The RBI Act, 1934, S. 4. Capital of the Bank. The capital of the Bank shall be five crores of rupees.

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