State-owned United Bank of India announced that the government has decided to infuse.....in the bank as part of Rs 28, 615 crore capital infusion to be done in about half a dozen banks.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

State-owned United Bank of India announced that the government has decided to infuse____in the bank as part of Rs 28, 615 crore capital infusion to be done in about half a dozen banks.

A	Rs 3, 454 crore
B	Rs 4, 555 crore
C	Rs 2, 159 crore
D	Rs 5, 654 crore

Explanation:

Detailed explanation-1: -The correct answer is the Reserve Bank of India. Reserve Bank of India is the apex banking institution of India that regulates the financial sector.

Detailed explanation-2: -Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.

There is 1 question to complete.