In April 2013, a Bill has been introduced in the Lok Sabha to raise the authorised capital of the Regional Rural Banks to Rs 500 crore. What is the current authorised bill of RRBs?

In April 2013, a Bill has been introduced in the Lok Sabha to raise the authorised capital of the Regional Rural Banks to Rs 500 crore. What is the current authorised bill of RRBs?
[A]Rs. 5 Crore
[B]Rs. 10 Crore
[C]Rs. 50 Crore
[D]Rs. 100 Crore

Rs. 5 Crore
with an aim to strengthen Regional Rural Banks (RRBs), the government in last week of April introduced a Bill in the Lok Sabha to raise their authorised capital by 100 times to Rs 500 crore.

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This question "In April 2013, a Bill has been introduced in the Lok Sabha to raise the authorised capital of the Regional Rural Banks to Rs 500 crore. What is the current authorised bill of RRBs?" was published on GKToday on December 8, 2014 at 10:05 am. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

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