UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Money Supply and Indian Financial System

  • question_answer
          What are the functions of RBI?          
    1. Issue of notes
    2. Banker to the government
    4. Controller of debit
    5. Custodian of foreign reserves
    Choose the incorrect function of RBI.

    A) 1 only              

    B) 2 only

    C) 3 only                          

    D) 4 only

    Correct Answer: C

    Solution :

    The functions of RBI are Issue of Notes, Banker to the Government, Banker's Bank, Controller of Credit, Custodian of Foreign Reserves.


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