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Question
The apex bank which controls, regulates and supervises the activities of commercial bank is the ______.
Options
Central Bank
Scheduled Banks
State Bank of India
State Government
MCQ
Fill in the Blanks
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Solution
The apex bank which controls, regulates and supervises the activities of commercial bank is the Central Bank.
Explanation:
The Central Bank of a country is the apex bank that governs, "regulates, and supervises" the activities of commercial banks.
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