Statutory cash reserve ratio for scheduled banks is regulated by Reserve Bank of India under powers conferred upon it by

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Q 1549012813.     Statutory cash reserve ratio for scheduled banks is regulated by Reserve Bank of India under powers conferred upon it by?



A

Reserve Bank of India Act, 1934

B

Banking Regulation Act, 1949

C

Companies Act, 1956

D

Union Ministry of Finance

E

None of the above

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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