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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