BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Bharatiya Reserve Bank Note Mudran Private Limited
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NABARD
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State Bank of India
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National Housing Bank
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Detailed explanation-1: -Option B is correct answer because central bank of India is not a subsidiary of State Bank of India.
Detailed explanation-2: -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-3: -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-4: -The correct answer is National Housing Bank. National Housing Bank is a subsidiary of RBI.
Detailed explanation-5: -SIDBI is one of the four All India Financial Institutions regulated and supervised by the Reserve Bank of India; other three are India Exim Bank, NABARD and NHB. But recently NHB came under government control by taking more than 51% stake.