What is the primary legislation governing banks in India?

"Banking Regulation Act 1969" "Companies Act 2013" "Banking Regulation Act 1949" "Reserve Bank of India Act 1935"

Which of the following is NOT a type of bank currently operating in India?

"Commercial Banks" "Small Finance Banks" "Investment Banks" "Cooperative Banks"

What was a key driver of the evolution of India's banking system in Phase 3 (1991-Present)?

"Nationalization of major banks" "Encouragement of foreign investment" "Establishment of presidency banks" "Introduction of the Banking Regulation Act"

Which institution is responsible for promoting import and export activities in India?

"NABARD" "SIDBI" "EXIM Bank" "National Housing Board"

What is a defining characteristic of Cooperative Banks in India?

"They primarily serve large corporations" "They are controlled by a managing committee and aim to serve their members" "They focus on providing loans to startups" "They are exclusively funded by foreign investments"