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Indian Financial System regulator & their roles
Which apex regulatory body oversees the entire Indian financial system?
The Reserve Bank of India (RBI) is the apex regulatory body overseeing monetary policy, banking supervision, and financial stability in India.
Which Act established the Reserve Bank of India as the central bank?
The Reserve Bank of India Act, 1934 established RBI.
What is the primary mandate of the Reserve Bank of India?
The RBI's primary mandate is to maintain price stability, ensure adequate credit flow to productive sectors, and oversee the monetary policy framework of India.
What is the full form of SEBI and when was it established?
Securities and Exchange Board of India, established in 1988.
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