Question

Q22. Consider the following statements

1. CVC is India’s apex body for checking corruption in the government.

2. Private sector banks are out of the CVC’s purview.

Which of the statements are correct?

• A. a) 1 only
• B. b) 2 only
• C. c) Both 1 and 2
• D. d) None of the above

Answer 1

The correct option is C

c) Both 1 and 2

CVC is India’s apex body for checking corruption in the government.

Private sector banks are out of the CVC’s purview, but are subjected to statutory audits from the Reserve Bank of India (RBI).