Question

RBI ensures that bank operate within the set norms by conducting _________ inspections and ______ monitoring

• A. On site, off site
• B. Off site, on site
• C. On site, field
• D. Field, on site

Answer 1

The correct option is A On site, off site

RBI ensures that bank operate within the set norms by conducting on site inspections and off site monitoring. RBI is the central bank of India. It helps to control the credit creation capacity of all other commercial banks. It is responsible for monitoring the activities of the commercial banks.