Section 46A
Contribution to National Rural Credit (Long Term Operations) Fund and Nation al Rural Credit (Stabilisation) Fund.
The Reserve Bank of India Act, 1934
About this Act
An Act to Constitute a Reserve Bank of India.
1[46A. Contribution to National Rural Credit (Long Term Operations) Fund and National
Rural Credit (Stabilisation) Fund.--The Bank shall contribute every year such sums of money as it
may consider necessary and feasible to do so, to the National Rural Credit (Long Term Operations) Fund
and the National Rural Credit (Stabilisation) Fund established and maintained by the National Bank under
sections 42 and 43, respectively, of the National Bank for Agriculture and Rural Development Act, 1981
(61 of 1981).]
Notes
1. Subs. by Act 61 of 1981, s. 61 and the Second Schedule, for sections 46A and 46B (w.e.f. 12-7-1982). Earlier these
sections were inserted by Act 24 of 1955, s. 7 (w.e.f. 8-5-1955).