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Discussion :: National - Latest Current Affairs (Q.No.887)

887. 

President of India promulgated the Banking Regulation (Amendment) Ordinance, 2020 to ensure the safety of depositors across banks. Who is current President of India?

[A]. Venkaiah Naidu
[B]. Pratibha Patil
[C]. Pranab Mukherjee
[D]. Ram Nath Kovind

Answer: Option D

Explanation:

President Ram Nath Kovind promulgated the Banking Regulation (Amendment) Ordinance, 2020. It is in pursuance with the commitment to ensure the safety of depositors across banks. The Ordinance will amend the Banking Regulation Act 1949 as applicable to Cooperative Banks.

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