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    • 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.

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