Q. Which of the following is the full form of “BRA” as used in banking field? 
Answer: Banking Regulation Act
Notes: The correct answer is "Banking Regulation Act." This act, enacted in 1949 in India, provides the framework for the regulation of banks and financial institutions. It aims to ensure the financial stability of the banking sector and protect depositors' interests. The act empowers the Reserve Bank of India to oversee and regulate banking operations, ensuring compliance with prudential norms.