Question

    What is the authorized share up capital of

    NaBFID?
    A one hundred thousand crore rupees Correct Answer Incorrect Answer
    B one hundred crore rupees Correct Answer Incorrect Answer
    C one thousand crore rupees Correct Answer Incorrect Answer
    D one crore rupees Correct Answer Incorrect Answer
    E five hundred crore rupees Correct Answer Incorrect Answer

    Solution

    Section 5 of NaBFID Act The authorised share capital of the Institution shall be one hundred thousand crore rupees divided into ten thousand crores of fully paid-up shares of ten rupees each

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