Economics · Economy
NABARD exercises supervisory powers over cooperative banks under which statutory arrangement, distinguishing it from RBI's direct supervisory role over commercial banks?
- 1State Cooperative Societies Act
- 2Banking Regulation Act, 1949 alone
- 3NABARD Act, 1981 read with Banking Regulation Act provisions✓
- 4RBI Act, 1934
Correct answer
NABARD Act, 1981 read with Banking Regulation Act provisions
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