Question

Which regulatory body supervises co-operative banks in India?

A International Monetary Fund (IMF). Correct Answer Incorrect Answer
B Reserve Bank of India (RBI). Correct Answer Incorrect Answer
C National Co-operative Development Corporation (NCDC). Correct Answer Incorrect Answer
D State Banking Regulatory authorities. Correct Answer Incorrect Answer
E A combination of B and C Correct Answer Incorrect Answer

Solution

RBI governs overall banking regulations, while NCDC oversees the cooperative sector specifically.

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