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which bank controls the banking and monetary struc
Question:
Which Bank controls the banking and monetary structure of India?
Options:
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The Reserve Bank of India is the central authority for monetary policy, currency issuance, and banking regulation in India.
UP Board XII - 2024
UP Board XII
Updated On:
Nov 5, 2025
State Bank of India
Reserve Bank of India
Punjab National Bank
Axis Bank
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The Correct Option is
B
Solution and Explanation
The Reserve Bank of India (RBI) is responsible for regulating the banking sector, managing monetary policy, and maintaining financial stability in India.
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