alleryWhich bank supervises and regulates all commercial banks of India?
AState Bank of India
BPunjab National Bank
CIndustrial Bank of India
DReserve Bank of India
Answer & Solution
Correct answer: D. Reserve Bank of India
1. It also acts as government banker.
2. It controls currency and credit policy.
3. That is the Reserve Bank of India.
_Source: syllabus Business Studies, Chapter 4, Business Services._
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