Multiple choice

How many private sector banks have been permitted by Reserve Bank of India to do Govt. Business (Direct and Indirect Tax Collection, Pension Payment etc.) as an Agent of Govt. of India?

  1. 1

  2. 2

  3. 3

  4. 4

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

At the time of this question's context, the RBI had permitted four private sector banks to conduct government business as agents of the Government of India.