The Reserve Bank of India has now appointed which Bank as an Agency Bank of the RBI to conduct government business ?
The Reserve Bank of India has now appointed which Bank as an Agency Bank of the RBI to conduct government business ?
Solution
✅ Correct Option: 3
The RBI appointed Bandhan Bank as one of its Agency Banks to conduct general banking business of the Central and State Governments. The appointment was made following an RBI notification issued in 2021 allowing private sector banks to undertake government agency business.
Related questions:
2022: 20 Aug Shift 1
2026: 29 May Shift 2
2026: 24 May Shift 1
2026: 25 May Shift 1