Which Organisation has the maximum stake in NABARD?

19. Which Organisation has the maximum stake in NABARD?

  1. State Bank Of India
  2. Commercial Bank
  3. Banker's Association
  4. The Reserve Bank Of India

Answer: D) The Reserve Bank Of India

Explanation:

The Reserve Bank Of India stripped its whole stake in NABARD and NHB adding up to ₹ 20 crores (Rupee twenty crore) and ₹ 1450 crore (Rupees 1,000 400 and fifty crores) on February 26, 2019, and March 19, 2019, individually. With this, the Government of India currently holds a 100 per cent stake in both monetary organizations.

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