MCQ

Which of the following statements are true?

  • A
    Periodically, banks do not submit information to the RBI on how much they are lending, to whom, at what interest rate, etc.
  • B
    The Reserve Bank of India does not supervise the functioning of formal sources of loans.
  • C
    The RBI monitors the banks in actually maintaining cash balance.
  • D
    None of the above statements are true.

Answer

  1. The RBI monitors the banks in actually maintaining cash balance.

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