The RBI has been vested with extensive power to control and supervise commercial banking system under the-
  • a)
    Reserve Bank of India Act, 1934
  • b)
    The Banking Regulation Act, 1949
  • c)
    Both (a) and (b)
  • d)
    The Companies Act, 2013
Correct answer is option 'C'. Can you explain this answer?

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This discussion on The RBI has been vested with extensive power to control and supervise commercial banking system under the-a)Reserve Bank of India Act, 1934b)The Banking Regulation Act, 1949c)Both (a) and (b)d)The Companies Act, 2013Correct answer is option 'C'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and Answers of The RBI has been vested with extensive power to control and supervise commercial banking system under the-a)Reserve Bank of India Act, 1934b)The Banking Regulation Act, 1949c)Both (a) and (b)d)The Companies Act, 2013Correct answer is option 'C'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student community of CA Foundation. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CA Foundation on EduRev and even discuss your questions like The RBI has been vested with extensive power to control and supervise commercial banking system under the-a)Reserve Bank of India Act, 1934b)The Banking Regulation Act, 1949c)Both (a) and (b)d)The Companies Act, 2013Correct answer is option 'C'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved Question bank for CA Foundation.
This discussion on The RBI has been vested with extensive power to control and supervise commercial banking system under the-a)Reserve Bank of India Act, 1934b)The Banking Regulation Act, 1949c)Both (a) and (b)d)The Companies Act, 2013Correct answer is option 'C'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and Answers of The RBI has been vested with extensive power to control and supervise commercial banking system under the-a)Reserve Bank of India Act, 1934b)The Banking Regulation Act, 1949c)Both (a) and (b)d)The Companies Act, 2013Correct answer is option 'C'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student community of CA Foundation. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CA Foundation on EduRev and even discuss your questions like The RBI has been vested with extensive power to control and supervise commercial banking system under the-a)Reserve Bank of India Act, 1934b)The Banking Regulation Act, 1949c)Both (a) and (b)d)The Companies Act, 2013Correct answer is option 'C'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved Question bank for CA Foundation.