Questions and Answers
What is the primary function of a bank?
The primary function of a bank is to deal with deposit collection and loan distribution.
Which institution regulates banks in India?
Banks in India are regulated by the country's central bank, the Reserve Bank of India (RBI).
What are the three types of banks in the banking sector of India?
The banking sector in India consists of public, private, and foreign banks.
When were reforms in the banking sector launched in India?
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What was the first bank established in India and in which year?
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