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      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

      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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