BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not an apex institution?
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SBI
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SIDBI
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NABARD
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State Cooperative bank
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Explanation:
Detailed explanation-1: -Reserve Bank of India is known as the apex bank of India.
Detailed explanation-2: -The central bank is the apex institution of the monetary and banking structure of our economy, regulating the entire banking system.
Detailed explanation-3: -National Bank for Agriculture and Rural Development (NABARD) is an apex regulatory body for overall regulation of regional rural banks and apex cooperative banks in India. It is under the jurisdiction of Ministry of Finance, Government of India.
There is 1 question to complete.