alleryThe Reserve Bank of India supervises
Aall formal-sector lenders including commercial banks
Bonly foreign banks
Conly state-owned firms
Donly the stock market
Answer & Solution
Correct answer: A. all formal-sector lenders including commercial banks
1. RBI supervises and monitors all formal-sector lenders, including commercial banks and cooperatives.
2. It enforces reserve requirements and lending norms.
3. Informal lenders are outside its regulatory ambit.
_Source: syllabus Understanding Economic Development, Ch 3 "Money and Credit"_
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