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.

    Practice Next