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Standard X
General Knowledge
Economical Systems and Sectors of India
Question

Select the correct one /ones about the Banking Financial Supervision (BFS) in India
1 . The RBI performs Financial supervision function under the guidance of the Board for Financial Supervision (BFS) .
2 .Primary objective of BFS is to undertake consolidate supervision of the financial sector comprising commercial banks , financial institution and non-banking finance companies .

A
Both 1 and 2
B
Only 1
C
Only 2
D
Neither 1 nor 2
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Solution
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Correct option is C. Both 1 and 2

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Select the correct one /ones about the Banking Financial Supervision (BFS) in India
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