Business Regulators and Intermediaries — Important Questions
ICSE · Class 12 · Business Studies
70 important questions from Business Regulators and Intermediaries for ICSE Class 12 Business Studies, with answers. Written for the board exams 2027.
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Important Questions from Business Regulators and Intermediaries
Under which Act was the Reserve Bank of India set up?
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Reserve Bank of India Act, 1934
RBI was established in 1935 under the Reserve Bank of India Act, 1934.
What is one major role of RBI in relation to commercial banks?
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Banker's Bank
RBI acts as a banker to commercial banks, so it is called the Banker's Bank.
Which of the following is a public sector Indian bank named in the chapter?
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State Bank of India
State Bank of India is listed as a public sector Indian bank.
Which of the following is an example of a foreign bank operating in India?
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HSBC Bank
HSBC Bank is given as an example of a foreign bank operating in India.
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Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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