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Indian Financial System Regulators
Which apex body regulates and supervises commercial banks in India?
The Reserve Bank of India (RBI) is the apex body that regulates and supervises commercial banks in India under the Banking Regulation Act, 1949.
What is the full form of IRDAI?
Insurance Regulatory and Development Authority of India
When was the Reserve Bank of India established?
The Reserve Bank of India was established on April 1, 1935, under the Reserve Bank of India Act, 1934.
Which Act governs the functioning of the Reserve Bank of India?
The Reserve Bank of India Act, 1934
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