Economics · Regulatory Bodies
Which regulatory body in India is primarily responsible for overseeing and regulating Micro Finance Institutions?
- 1National Bank for Agriculture and Rural Development (NABARD)
- 2Reserve Bank of India (RBI)✓
- 3Small Industries Development Bank of India (SIDBI)
- 4Securities and Exchange Board of India (SEBI)
Correct answer
Reserve Bank of India (RBI)
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