GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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BFS- Board for Financial Supervision constituted in 1994 by RBI to undertake consolidated supervision of -
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Commercial Banks
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Financial Institutions
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Non Banking Finance Companies
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All the above
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Explanation:
Detailed explanation-1: -The Board was constituted in November 1994 as a committee of the Central Board of Directors of the Reserve Bank of India under the Reserve Bank of India (Board for Financial Supervision) Regulations, 1994.
Detailed explanation-2: -What is correct about the Board for Financial Supervision (BFS)? Select your answer using the code given below: 1. BFS is constituted by co-opting four Directors from the Central Board of the RBI as members and the Governor functions as its chairman.
There is 1 question to complete.