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The Reserve Bank of India operates under a special law enacted by the parliament. Under which category does this organization fall? - Commercial Applications

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प्रश्न

The Reserve Bank of India operates under a special law enacted by the parliament. Under which category does this organization fall?

विकल्प

  • Chartered Company

  • Statutory Company

  • Registered Company

  • Unlimited Company

MCQ
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उत्तर

Statutory Company

Explanation:

A statutory company is established through a specific Act of Parliament or State Legislature. The Reserve Bank of India (RBI) was created under the RBI Act of 1934, hence, it fits into this category.

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अध्याय 4: Ownership Structures - Joint Stock Company - EXERCISES [पृष्ठ ५४]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
अध्याय 4 Ownership Structures - Joint Stock Company
EXERCISES | Q I. 24. | पृष्ठ ५४
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