Question : Fill in the blanks
The role of RBI has reduced from ________ to _________.
Option 1: Facilitator to regulators
Option 2: Regulator to facilitator
Option 3: Commercial bank to central bank
Option 4: Central bank to RBI.
Answer (1)
18th Jan, 2024
Correct Answer:
Regulator to facilitator
Solution :
The role of RBI has reduced from regulator to facilitator. Financial sector was allowed to take decisions on money matters without consulting the RBI.
Hence Option B is correct.
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