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
This Christmas Carol is "God Rest Ye Merry Gentlemen".
The full verse is as follows:
God rest ye merry gentlemen, let nothing you dismay, hey
Remember Christ ,our savior was born on Christmas Day
To save us all from Satan's power when we were gone astray
Hamilton supported the Federal Government, in fact, not only did he settle down the financial chaos inherited from the Revolution but he created the first Bank of The United States. Of course his actions provoked opposition, by Thomas Jefferson and James Madison themselves.
If Chang's divorced father married Gretchen's divorced mother, and they all live in the same house, then this would be a blended type of family.
So, two completely different parts of two completely different families are blended into one single new family that lives together. Although they weren't originally one family, they did become one because of the love of the parents who decided to get married.
