04 - Banking Regulation Act

Banking Awareness Multiple Choice Questions (MCQs) and Answers with explanation on Banking Regulation Act for IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Bank

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1).
Which entity regulates and supervises NBFCs?
2).
Who is entrusted with the power to lay down instructions to the banks in India for audits?
3).
When did the Banking Regulation Act come into effect?
4).
When did the Banking Regulation Act, 1949 become applicable to the state of Jammu & Kashmir?
5).
The Banking Regulation Act was initially passed by what name?
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