BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

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

Detailed explanation-1: -The Reserve Bank of India is recognised as the apex bank in India and its other neighbouring countries.

Detailed explanation-2: -As we know, the RBI is the apex bank of India.

Detailed explanation-3: -Central bank is an apex body that controls, operates, regulates and directs the entire banking and monetary structure of the country.

There is 1 question to complete.