2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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K V Kamath
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V K Singh
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Urjit Patel
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G Rajkiran Rai
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Detailed explanation-1: -Rajkiran Rai G is new MD of National Bank for Financing Infrastructure and Development. Announced in Budget 2021, NaBFID is a special development financial institution for infrastructure financing.
Detailed explanation-2: -The managing director and chief executive officer of India’s National Bank for Financing Infrastructure Development (NaBFID), Rajkiran Rai G, said on Wednesday that the institution may begin disbursing loans from the current financial year (FY23).
Detailed explanation-3: -Initially, the central government will own 100% shares of the institution which may subsequently be reduced up to 26%.
Detailed explanation-4: -MUMBAI: The Financial Services Institutions Bureau (FSIB) has recommended Rajkiran Rai G for the position of managing director in the newly formed National Bank for Financing Infrastructure and Development (NaBFID).