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Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Banking functions of SCARDBs and PCARDBs are regulated by

A
RBI
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B
NABARD
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C
State Government
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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. ​


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