Which of the following is not the subsidery of RBI

BANKING GENERAL KNOWLEDGE

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

A	Bhartiya reserve bank note mudran private limited
B	National payment corporation of india
C	National Housing Bank
D	Deposit Insurance and Credit Guarantee Corporation
E	None

Explanation:

Detailed explanation-1: -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-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: -Detailed Solution. The correct answer is the Lending of money to the public. The lending of money to the public is not the function of RBI. The Reserve Bank of India is India’s central bank and regulatory body under the jurisdiction of the Ministry of Finance, Government of India.

Detailed explanation-4: -The correct answer is National Housing Bank. National Housing Bank is a subsidiary of RBI.

There is 1 question to complete.