BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Security Printing and Minting Corporation of India (SPMCIL) Limited was incorporated under the Companies Act, 1956 with its corporate office at
A
Mumbai
B
Kolkata
C
Bangalore
D
New Delhi
Explanation: 

Detailed explanation-1: -Security Printing and Minting Corporation of India Limited (SPMCIL) was incorporated on 13 January 2006 under the Companies Act, 1956 with its headquarters in New Delhi. It is a Miniratna Company and is wholly owned by the Government of India.

Detailed explanation-2: -There are two Security printing presses of SPMCIL, namely the India Security Press (ISP) at Nashik and Security Printing Press (SPP) at Hyderabad.

Detailed explanation-3: -Welcome to the Security Printing and Minting Corporation of India Limited (SPMCIL), a wholly owned Schedule ‘A’ Miniratna Category-I company of Government of India, incorporated on 13th January, 2006.

Detailed explanation-4: -Summary. English: The Chairman & Managing Director (CMD), Security Printing & Minting Corporation of India Limited (SPMCIL), Shri M.S. Rana presenting a dividend cheque of Rs. 115, 43, 84, 708/-to the Union Finance Minister, Shri Pranab Mukherjee, in the presence of the Secretary, Deptt.

Detailed explanation-5: -The Ministry of Finance exercises its administrative control over SPMCIL through Board of Directors. SPMCIL is engaged in the manufacture/ production of Currency and Bank Notes, Security Paper, Non-Judicial Stamp Papers, Postal Stamps & Stationery, Travel Documents viz.

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