NABARD, RBI, SIDBI, EXIM, odd one out
Answers
EXIM as all have bank name in them
Explanation:
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The odd one out of the following options is RBI.
So, let's know more about all the options in detail.
NABARD:- NABARD stands for National Bank for Agriculture and Rural Development. It was established on 30th march 1979 but came into existence on 12 July 1982 by the Government Of India. This bank is set to provide finances for agriculture and rural development.
NABARD lies under the RBI.
SIDBI:- SIDBI stands for Small Industries Development Bank of India. It was established on 2 April 1990 by the Government Of India. It provides finances to micro, small and medium industries.
SIDBI lies under the RBI.
EXIM:- EXIM stands for Export-Import bank of India. It was established in 1990 by the Government Of India. It provides finances for Indian exports, Indian Imports, etc.
EXIM lies under the RBI.
RBI:- RBI stands for Reserve Bank Of India. It was established on 1 April 1935 and had its headquarters in Mumbai. It is the regulatory body of all the banking systems in India. Governor heads it. The present Governor of RBI is Shaktikanta Das.
All three banks regulate under the RBI.
So, RBI is the odd one out.
The odd one out of the following options is RBI.
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