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    5. Under the provisions of which Act, RBI has power to regulate and supervise banking system in India?

    Question

    Under the provisions of which Act, RBI has power to

    regulate and supervise banking system in India?
    A RBI Act Correct Answer Incorrect Answer
    B NI Act Correct Answer Incorrect Answer
    C SARFAESI Act Correct Answer Incorrect Answer
    D BR Act Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    Banking Regulation Act 1949, empowers RBI for regulating and supervising banking sector

    Practice Next
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    Relevant for Exams:

    • RBI Grade B

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