BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As we know, the RBI is the apex bank of India. Similarly, the apex Bank of the USA is called____
A
Federal Reserve
B
The Central Bank of USA
C
Bank of America
D
Central National Bank of USA
Explanation: 

Detailed explanation-1: -Reserve Bank of India is known as the apex bank of India.

Detailed explanation-2: -Central bank is an apex body that controls, operates, regulates and directs the entire banking and monetary structure of the country.

Detailed explanation-3: -The Reserve Bank of India is the central bank of the country.

There is 1 question to complete.