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Which of the following banks is in charge of India’s banking and monetary system?

  1. A
    Union Bank
  2. B
    RBI
  3. C
    BOB
  4. D
    SBI

Solution & Step-by-step Explanation

The Reserve Bank of India (RBI) is the central bank of India and acts as the apex regulatory body responsible for managing India's banking, currency, and monetary system policy.

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Which of the following banks is in charge of India’s banking and monetary system?
A
Union Bank
B
RBI
C
BOB
D
SBI

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bankingeconomicsmonetary policy

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