Question

Which institution declares ‘Domestic Systemically Important Banks (D-SIBs)’ in India?

• A. Reserve Bank of India
• B. Ministry of Finance
• C. SEBI
• D. NITI Aayog

Hint:

When studying financial systems, focus on the role of central banks like RBI in ensuring the stability of the economy by monitoring systemically important institutions.

Answer 1

The Correct Option is A

The Reserve Bank of India (RBI) declares Domestic Systemically Important Banks (D-SIBs) in India, identifying banks whose failure could potentially harm the stability of the financial system.