Economics · Economy
Under dual regulation, Urban Cooperative Banks (UCBs) in India are historically and operationally governed by which of the following entities?
- 1Central Government exclusively
- 2Both State Governments (through Registrar of Cooperative Societies) and RBI✓
- 3Reserve Bank of India (RBI) only
- 4State Governments only
Correct answer
Both State Governments (through Registrar of Cooperative Societies) and RBI
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