The Reserve Bank of India is the government body that is responsible for the regulations related to the Indian banking system that functions in the economy. Therefore, the option B holds true.
<h3>What is the significance of government bodies?</h3>
Government bodies can be referred to or considered as the bodies formed and regulated under the control of the central or state government. They get directions of operations from the government authorities.
Formation of government bodies is done in order to bring specialization in the different departments of the functions of the government. As a result, the Reserve Bank of India is responsible for regulating the banking system.
Therefore, the option B holds true and states regarding the significance of the government bodies.
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The question seems to be incomplete. It has been added below for better reference.
Which government body is responsible for the regulation of the Indian banking system?.
A. State Bank of India
B. Reserve Bank of India
C. CBI
D. Securities and Exchange Board of India
Answer:
a scribe
Explanation:
if the question is what they were called, the Egyptians who wrote were called scribes
The correct answer would be option C, That the Sunnah is the most important text of Islamic faith.
The above mentioned statement is a belief share by Sunnis and Shias.
Explanation:
Sunnis and Shias are two groups in the Islamic religion with a slightly different belief. Their core beliefs are same, but there is only a little difference within their extended beliefs.
For example, Shias give more importance to the Caliph Ali, whereas Sunnis believe that all four Caliphs after Muhammad PBUH are equally important and righteous.
The belief that is shared by Sunnis and Shias is that they both believe that Sunnah( the physical demonstration of Islam by Prophet Muhammad PBUH) is the most important text of Islamic Faith.
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