Economics · Financial Regulation and Institutional Framework
Consider the following statements regarding banking regulation in India: 1. Microprudential regulation, including Basel III capital adequacy ratios, aims to safeguard individual institutions against risk. 2. The Reserve Bank of India (RBI) functions as the central statutory regulator for the Indian banking system. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither 1 nor 2
- 2Both 1 and 2✓
- 32 only
- 41 only
Correct answer
Both 1 and 2
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