Business Regulators and Intermediaries — Practice Quiz
ICSE · Class 12 · Business Studies
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What is the best definition of regulators in business studies?
Which option correctly defines intermediaries in business studies?
Which body is the Central Bank of India?
In which year was the Reserve Bank of India set up?
Sample Questions
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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