BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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NHB
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DICGC
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BRBNMPL
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All of the above
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Detailed explanation-1: -The National Housing Bank, the apex institution of housing finance in India, was set up as a wholly owned subsidiary of the RBI.
Detailed explanation-2: -Fully owned: Deposit Insurance and Credit Guarantee Corporation of India (DICGC), Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), Reserve Bank Information Technology Private Limited (ReBIT), Indian Financial Technology and Allied Services (IFTAS), Reserve Bank Innovation Hub (RBIH).
Detailed explanation-3: -Expert-Verified Answer. Explanation: SIDBI is not a subsidiary of RBI. Deposit Insurance and Credit Guarantee Corporation, DICGC; National Housing Bank; Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) and NABARD.
Detailed explanation-4: -Do you know how many subsidiaries does the Reserve Bank of India (RBI) has? There are five fully owned subsidiaries of RBI: DICGC, BRBNMPL, ReBIT, IFTAS and RBIH.
Detailed explanation-5: -The full form of RBI is the Reserve Bank of India. The RBI is the country’s central bank, established in 1935 under the provision of the Reserve Bank of India Act 1934.