Q. The Reserve Bank of India (RBI) proposed a four-tier regulatory framework for which type of financial institutions?
A) Small Finance Banks
B) Foreign Banks
C) Payments Banks
D) NBFCs
✔ Correct Answer: NBFCs
Exam Insight
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A) Small Finance Banks
B) Foreign Banks
C) Payments Banks
D) NBFCs
✔ Correct Answer: NBFCs
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