Economics · Money and Banking
In India, banking functions and the monetary system are centrally regulated and controlled by which institution?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Central Bank of India
- 2Reserve Bank of India (RBI)✓
- 3State Bank of India (SBI)
- 4Ministry of Finance
Correct answer
Reserve Bank of India (RBI)
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