New ixamBee Expert Talk Session by ex-GM, NABARD

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Question

Which of the following acts empowers RBI to regulate Non-Scheduled Banks?

A The Indian Contract Act, 1872

B The Banking Regulation Act, 1949

C The Securitization And Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

D The Negotiable Instruments Act, 1881

E None of these

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