8) In which year the Reserve Bank of India was taken over by the Government ?
Answer is:
1948
Related Banking System MCQ (GK Set-1) with Answers
Answer is:
Share Market
Answer is:
RBI
Explanation:
The RBI (Reserve Bank of India) has been empowered by law to supervise, regulate and control the activities of commercial and cooperative banks. The RBI periodically inspects banks and asks them for returns and necessary information.
Banking functions centrally controlled by the RBI (Reserve Bank of India).
Answer is: