New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Which regulatory authority is primarily responsible for

    overseeing and regulating cooperative banks in India?
    A Reserve Bank of India (RBI) Correct Answer Incorrect Answer
    B Securities and Exchange Board of India (SEBI) Correct Answer Incorrect Answer
    C National Bank for Agriculture and Rural Development (NABARD) Correct Answer Incorrect Answer
    D Ministry of Finance Correct Answer Incorrect Answer
    E Small Industries Development Bank of India (SIDBI) Correct Answer Incorrect Answer

    Solution

    Cooperative banks in India are primarily regulated and supervised by the Reserve Bank of India (RBI), which ensures their compliance with banking regulations and guidelines.

    Practice Next

    Relevant for Exams: