�On the basis of powers drawn mainly in which of the following Acts, RBI regulates and controls the banks in India?

Question:�On the basis of powers drawn mainly in which of the following Acts, RBI regulates and controls the banks in India?

1.RBI Act Section 2(2)

2.Negotiable Instruments Act Section 1

3.Banking Regulation Act Section 17

4.Banking Regulation Act Section 5(b)


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