Which of the following reflects the dual control of commercial banks in India?

Commercial banks in India—particularly public-sector commercial banks—are subject to dual control: they are regulated by the Reserve Bank of India (RBI) under the Banking Regulation Act, 1949, and supervised by the Ministry of Finance in matters of government ownership and governance oversight. SEBI regulates the securities market, State Governments share control over co-operative banks rather than commercial banks, and NABARD is an apex development institution for rural and agricultural credit rather than the manager of commercial banks.