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      Question

      What is the authorized capital of the Bank as specified

      under the RBI Act?
      A One crore rupees Correct Answer Incorrect Answer
      B Two crores of rupees Correct Answer Incorrect Answer
      C Five crores of rupees Correct Answer Incorrect Answer
      D Ten crores of rupees Correct Answer Incorrect Answer
      E Fifty crores of rupees Correct Answer Incorrect Answer

      Solution

      Section 4. Capital of the Bank—The capital of the Bank shall be five crores of rupees.

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