Question 9 - MCQ Questions (1 Mark) - Chapter 3 Class 10 Economics - Money and Credit - Economics

Last updated at Dec. 13, 2024 by

The functioning of the formal source of credit is supervised by:

(A) Government of India

(B) Reserve Bank of India

(C) Ministry of Finance

(D) None of the above

 

Answer: 

So, the correct answer is (B) - Reserve Bank of India.

Explanation

RBI supervises the functioning of formal sources of credit.

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