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Question
The apex bank which controls, regulates and supervises the activities of commercial bank is the ______.
Options
Central Bank
Scheduled Banks
State Bank of India
State Government
MCQ
Fill in the Blanks
Solution
The apex bank which controls, regulates and supervises the activities of commercial bank is the Central Bank.
Explanation:
The Central Bank of a country is the apex bank that governs, "regulates, and supervises" the activities of commercial banks.
shaalaa.com
Central Bank: Functions
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