A) Banking Regulation Act, 1949
B) RBI Act, 1934
C) Companies Act, 2013
D) Income Tax Act, 1961
View Answer
A) Banking Regulation Act, 1949
Explanation : The Banking Regulation Act allows the RBI to regulate and supervise the banking sector in India.
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(Q) Which of the following acts is the RBI empowered to issue directives to commercial banks ?
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