1.

What are main monetary institutions of India ?

Answer»

The main monetary institutions in India are:

  • Moneylenders
  • Reserve Bank of India
  • Commercial Banks
  • Specialised Banking Institutions :
    (a) Industrial Development Bank of India
    (b) Regional Rural Banks
    (c) Export-Import Bank of India (Exim Bank)
    (d) Land Development Banks
    (e) Co-operative Banks
    (f) National Bank for Agriculture and Rural Development (NABARD)
    (g) Industrial Finance Corporation of India etc.
  • Non-Banking Financial Institutions:
    (a) Unit Trust of India
    (b) Life Insurance Corporation of India
  • Stock Exchanges.


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