Question
The Reserve Bank of India has accorded its approval to which state/UT to acquire 8.23 per cent of the paid-up equity capital of Jammu and Kashmir Bank Ltd?
Answer: Option A
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The Reserve Bank of India has accorded its approval to the Government of the Union Territory (UT) of Ladakh to acquire 8.23 per cent of the paid-up equity capital of Jammu and Kashmir Bank Ltd as of the date of enforcement of the Jammu and Kashmir Reorganisation Act, 2019 (October 31, 2019).
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