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:
Allowed the arrest on vagrancy charges of former slaves who failed to sign yearly labor contracts.
Explanation:
This happened because the black codes were made to supress every black person living in the United States, <u>they were allowed to arrest a black person literally because they were doing nothing</u>, if they were not slaves, they had to be working in any place if they did not wanted to go to jail, but since black people couln't get normal jobs back then, almost everyone had to be enslaved.
Answer:
Abraham was the first person to teach the idea that there was only one God; before then, people believed in many gods.