Banking General Awareness Reserve Bank of India Question Bank Previous Years Questions - Reserve Bank of India - Structure and Functions

  • question_answer
    As per the reports in various newspapers many private companies are trying to obtain the licences to launch a banking company in India. Which of the following organisations/agencies issue the licence for the same? [Corporation Bank 2009]

    A)  Securities & Exchange Board of India (SEBI)

    B)  Indian Institute of Banking & Finance (IIBF)

    C)  Reserve Bank of India (RBI)

    D)  Registrar of Companies

    E)  None of these

    Correct Answer: C


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