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The correct answer is option (a): I and II only. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
This question was asked in UPSC CSE Prelims 2025, GS Paper 1, as Question 2. It falls under Indian Economy > Banking & Financial Sector.
This question is rated "moderate". It requires sound conceptual understanding of the topic.
UPSC has asked 52 questions from Banking & Financial Sector (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.