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Money Supply

In case of St...

Question

In case of State Bank of India, Who is primarily authorised to appoint an auditor?

A

IDBI

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B

Central Government

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C

RBI

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D

SBI itself

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Solution

The correct option is C RBI
All the public sector banks are under the preview of the audit. The appointment of bank auditors is done by the Reserve Bank of India only.

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