51.
The section 19 of the RBI Act, 1934 states that the Reserve Bank of India has been prohibited from:

53.
Match the following.
List-I List-II
a. State Cooperative Banks 1. Government has a major holdings.
b. Indigenous Banks 2. 50% - 90% of the working capital is contributed by RBI.
c. Public Sector Banks 3. Comes under the ambit of the RBI control.
d. Non-scheduled Banks 4. Operated by seths, sahukars, mahajans, sardars etc.

54.
What is a mutual fund?
1. A type of collective investment scheme that pools money from many investors and invests it in stocks, bonds or other money market instruments.
2. It is a subsidiary of a bank or financial company created specially to raise money to be invested in a particular industry such as housing, infrastructure, etc.
3. When several banks and financial companies come together and create a common pool of money to fund mega infrastructural project like bridges, roads, power plants, etc., the common pool is known as mutual fund.

55.
Which of the following financial institutions is not with in the supervisory purview of Reserve Bank of India?