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The Board for Financial Supervision was constituted in:
AJanuary 1949
BNovember 1994
CApril 1935
DMay 2016 only
Answer & Solution
Correct answer: B. November 1994
1. The BFS is a committee of the Central Board.
2. It came under the 1994 Regulations.
3. It was constituted in November 1994.
_Source: Reserve Bank of India, About Us (rbi.org.in)._
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