<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}-->
Banking functions of SCARDBs and PCARDBs are regulated by
A
RBI
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
NABARD
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
State Government
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is A RBI <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}-->
While the state registrar of co-operatives is responsible for monitoring and administration of these banks, the banking functions are regulated by RBI.