6. Which of the following is a function of the RBI in relation to commercial banks?
a) Licensing and regulating the opening of new branches
b) Determining interest rates on loans and deposits
c) Conducting audits and inspections to ensure compliance
d) All of the above
e) None of the above
7. The RBI has the authority to impose penalties and take disciplinary actions against commercial banks that violate its regulations. True or False?
8. The RBI acts as a lender of last resort for commercial banks in times of financial distress. True or False?
9. Which of the following is an example of the RBI’s role in regulating payment systems?
a) Setting limits on cash withdrawals from ATMs
b) Issuing credit cards and debit cards
c) Regulating digital payment platforms
d) All of the above
e) None of the above
10. The RBI conducts on-site and off-site inspections of commercial banks to assess their financial health and risk management practices. True or False?
