Banking General Awareness Reserve Bank of India Question Bank Practice Questions - Reserve Bank of India - Structure and Functions

  • question_answer
    From the given options, bring out the one which is not a function/power of Reserve Bank of India?

    A)  To assume the responsibility meeting directly or indirectly all reasonable demands for accommodation

    B)  To hold cash reserves of the commercial banks and make available financial accommodation to them

    C)  To enjoy monopoly of the note issue

    D)  To assume responsibility of all banking operations of the government

    E)  The assume the responsibility of statistical analysis of data related to macro economy of India

    Correct Answer: A


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