CUET Preparation Today
Which of the following organizations supervises the functioning of the formal sources of loans? |
State Bank of India ICICI Bank Security Exchange Board of India Reserve Bank of India |
Reserve Bank of India |
The Reserve Bank of India supervises the functioning of formal sources of loans. For instance: we have seen that the banks maintain a minimum cash balance out of the deposits they receive. The RBI monitors the banks is actually maintaining cash balance or not. |
