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Question
Name any two types of banks that are intermediaries of RBI.
Very Short Answer
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Solution 1
There are two types of banks that act as intermediaries for the RBI:
- Public Sector Banks
- Private Sector Banks
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Solution 2
Two types of bank that are intermediaries of RBI are:
- Commercial Banks
- Non-Banking Financial Companies (NBFC)
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Chapter 22: Business Regulators and Intermediaries - EXERCISES [Page 308]
