Which institution typically regulates banks in a country?
A.
B.
C.
D.
Answer & Solution
Solution:
The Central Bank typically regulates banks in a country.
Example:
- United States: The Federal Reserve (Fed)
- United Kingdom: The Bank of England (BoE)
- India: The Reserve Bank of India (RBI)
The central bank oversees monetary policy, ensures financial stability, and regulates banking operations to protect depositors and maintain economic stability.
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