The Union Cabinet on January 16, 2019 approved the recapitalisation of which bank?
A. Dena Bank
B. RBL Bank
C. IDBI Bank
D. EXIM Bank
Answer:D
The Union Cabinet on January 16, 2019 approved the recapitalisation of which bank?
A. Dena Bank B. RBL Bank C. IDBI Bank D. EXIM Bank
Explanation: The Union Cabinet, chaired by Prime Minister Narendra Modi, on January 16, 2019 approved the recapitalisation of the Export-Import Bank of India (EXIM Bank). The Cabinet also approved an increase in the authorized capital of EXIM Bank from Rs 10,000 crore to Rs. 20,000 crore.