Economics · Banking Sector Reforms
Which institutional body was established by the Reserve Bank of India in 1994 as a consequence of post-1991 banking reforms to supervise commercial banks, financial institutions, and NBFCs?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Board for Financial Supervision (BFS)✓
- 2Securities Appellate Tribunal
- 3NABARD
- 4MSME Credit Bureau
Correct answer
Board for Financial Supervision (BFS)
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