Q. Which of the following institutions launched a centralised Web Portal ‘UDGAM’ recently?
(1) The National Highways Authority of India
(2) University Grants Commission
(3) The Reserve Bank of India
(4) Indian Space Research Organisation
(5) Question not attempted
Answer: 3
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The Reserve Bank of India (RBI) launched a Centralised Web Portal UDGAM (Unclaimed Deposits – Gateway to Access inforMation).
The launch of the web portal will aid users to identify their unclaimed deposits/ accounts and enable them to either claim the deposit amount or make their deposit accounts operative at their respective banks.
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The Reserve Bank of India
The Reserve Bank of India, abbreviated as RBI, is India’s central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for the control, issue and maintaining supply of the Indian rupee.
- Founded: 1 April 1935, Kolkata
- Founder: British Raj
- Currency: Indian rupee (₹); INR (ISO 4217)
- Headquarters: Mumbai, Maharashtra, India
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