Economics · Money and Banking
Commercial banks in India are primarily regulated under which of the following legislations?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1State Bank of India Act, 1955
- 2Banking Regulation Act, 1949✓
- 3Reserve Bank of India Act, 1934
- 4Companies Act, 1956
Correct answer
Banking Regulation Act, 1949
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