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Banking - General Knowledge Questions
Who regulates the functioning of District Cooperative Banks in India?
A)
RBI
B)
State Government
C)
State Cooperative Banks
D)
None of the above

Correct Answer :   RBI

RBI (Reserve Bank of India) regulates and supervises the banking functions of State Cooperative Banks (StCBs), District Central Cooperative Banks (DCCBs) and Urban Cooperative Banks (UCBs) under the various provisions of the Banking Regulation Act, 1949.

Published On : June 29, 2021
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