Economics · Banking and Financial Institutions
Which of the following reflects the dual regulatory/supervisory framework for commercial banks in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Controlled jointly by RBI and SEBI
- 2Governed by RBI and respective State Governments
- 3Regulated by Reserve Bank of India (RBI) and supervised/governed by Ministry of Finance / Banking Regulation Act✓
- 4Managed by NABARD and RBI
Correct answer
Regulated by Reserve Bank of India (RBI) and supervised/governed by Ministry of Finance / Banking Regulation Act
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