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:

Know the roles of financial regulators like RBI, SEBI, and others, especially when it comes to declaring institutions critical to financial stability.

Answer 1

The Correct Option is A

The Reserve Bank of India (RBI) designates banks as ‘Domestic Systemically Important Banks (D-SIBs)’. These banks are considered ‘too big to fail’, and their functioning is closely monitored to prevent systemic risks in the financial sector.