New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    According to section 26A of the Banking Regulation Act,

    1949 the Reserve Bank shall establish a Fund to be called the _________________
    A Banking Company Fund Correct Answer Incorrect Answer
    B Investor Education and Awareness Fund Correct Answer Incorrect Answer
    C Depositor Education and Awareness Fund Correct Answer Incorrect Answer
    D As the RBI may notify depending on the requirement Correct Answer Incorrect Answer

    Solution

    Depositor Education and Awareness Fund, Explanation: Establishment of Depositor Education and Awareness Fund- 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.

    Practice Next