aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Principles and Practices of Banking - 3 (JAIIB)
  • Which type of banks are under dual control of Govt. and RBI?
Multiple choice

Which type of banks are under dual control of Govt. and RBI?

  1. Private banks

  2. Public sector banks

  3. RRBs

  4. Co-operative banks

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

According to the amendments of BR Act, 1966, the cooperative banks came under dual control of the RBI and the State Governments.

Keep practicing — related questions

  • 40 men can complete a piece of work in 18 days. 8 days after they start working together, 10 more men join ...
  • RBI is a
  • India has different categories of Commercial banks. Which of the following is not one such category?
  • Other than the business specified u/s 6 (1) of Banking Regulation Act, a bank can undertake any other busin...
  • Which of the following types of statutory returns are submitted by banks to RBI for the purpose of off-site...
  • Banking Regulation Act deals with (a) the regulation of business of banking companies (b) control over mana...
  • Private Sector Banks are regulated by (a) Companies Act 1956 (b) Banking Regulation Act 1949 (c) RBI Act 19...
  • A banking company can amalgamate with another banking company of its own, called ______ amalgamation. Centr...
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • Banking Regulation and Monetary Policy (1219 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy