BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Institute for Development & Research in Banking Technology (IDRBT) is a unique institution exclusively focused on Banking Technology. Established by RBI. Where is the Head Office of IDRBT?
A
Bengaluru
B
Kolkata
C
Hyderabad
D
Mumbai
Explanation: 

Detailed explanation-1: -The Institute for Development & Research in Banking Technology (IDRBT) is an engineering training institution exclusively focused on banking technology. Established by the Reserve Bank of India (RBI) in 1996, the institution works at the intersection of banking and technology. It is located in Hyderabad, India.

Detailed explanation-2: -1, Masab Tank, Hyderabad, Telangana-500057, India.

Detailed explanation-3: -The Reserve Bank of India had set up the Institute for Development and Research in Banking Technology (IDRBT) on June 10, 1996 as a Society under the Society Registration Act, governed by a Governing Council (GC). The Director, IDRBT is Member Secretary of the Governing Council.

Detailed explanation-4: -The Institute for Development and Research in Banking Technology (IDRBT) was set up by Reserve Bank of India, at Hyderabad (India), in 1996. IDRBT is an autonomous centre for Development and Research in Banking Technology.

Detailed explanation-5: -RBI, DBR, FID regulates four All India Financial Institutions (AIFIs), viz. Small Industries Development Bank of India (SIDBI), National Housing Bank (NHB), Export-Import Bank of India (EXIM Bank) and National Bank for Agriculture and Rural Development (NABARD).

There is 1 question to complete.