The BRBNMPL has been registered as a.....under the Companies Act 1956.

BANKING GENERAL KNOWLEDGE

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

The BRBNMPL has been registered as a____under the Companies Act 1956.

A	Public Limited Company
B	Foreign Limited Company
C	Private Limited Company
D	All of the above

Explanation:

Detailed explanation-1: -Welcome to BRBNMPL The company manages 2 Presses one at Mysore in Karnataka and the other at Salboni in West Bengal.

Detailed explanation-2: -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-3: -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-4: -Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) was established by Reserve Bank of India (RBI) as its wholly owned subsidiary on 3rd February 1995 with a view to augmenting the production of bank notes in India to enable the RBI to bridge the gap between the supply and demand for bank notes in the country.

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