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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