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