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      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

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