Direction: Choose the correct alternative which fits both the blanks and makes the sentence contextually and meaningfully correct.

The Reserve Bank of India, chiefly known as RBI, is India’s central bank and regulatory body responsible for __________ of the Indian banking system. It is under the ___________ of Ministry of Finance, Government of India.

1

Distribution; Sponsorship

2

Regulation; Sponsorship

3

Distribution; Ownership

4

Regulation; Ownership

5

None of these.

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