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Local Boards represent the interests of local cooperative and:
AIndigenous banks
BForeign banks
CPayment banks
DSmall finance banks
Answer & Solution
Correct answer: A. Indigenous banks
1. Local Boards advise on local matters.
2. They speak for territorial and economic interests.
3. Specifically of cooperative and indigenous banks.
_Source: Reserve Bank of India, About Us (rbi.org.in)._
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