BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) has been registered as a Private Limited Company under the Companies Act 1956 with its Registered and Corporate Office situated in Bengaluru. Who is Chairman of BRBNMPL?
A
HK Bhanwala
B
BP Kanungo
C
Uma Shankar
D
KL Dhingra
Explanation: 

Detailed explanation-1: -Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of Reserve Bank of India which is under the ownership of Ministry of Finance of the Government of India. It mints Indian bank notes. It was established in 1995 to address the demand of bank notes and coins.

Detailed explanation-2: -Welcome to BRBNMPL The company manages 2 Presses one at Mysore in Karnataka and the other at Salboni in West Bengal.

Detailed explanation-3: -Shri Shaktikanta Das, Governor, Reserve Bank of India (RBI), laid foundation stone for the establishment of a Learning and Development Centre (LDC) of the Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), a wholly owned subsidiary of RBI, today (March 28, 2022) in Mysuru.

Detailed explanation-4: -Two of the currency note printing presses are owned by the Government of India and two are owned by the Reserve Bank, through its wholly owned subsidiary, the Bharatiya Reserve Bank Note Mudran Ltd. (BRBNML). The government owned presses are at Nasik (Western India) and Dewas (Central India).

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