New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    Which type of banks are regulated by the SPARC of the

    RBI?
    A Commercial Banks Correct Answer Incorrect Answer
    B Cooperative Banks Correct Answer Incorrect Answer
    C Small Finance Banks Correct Answer Incorrect Answer
    D Development Banks Correct Answer Incorrect Answer
    E Payment Banks Correct Answer Incorrect Answer

    Solution

      SPARC (Supervisory and Prudential Assessment and Risk-based Compliance) is used by the RBI to regulate commercial banks and ensure they comply with all necessary financial regulations.

    Practice Next

    Relevant for Exams: