Tuesday , March 20 2018

Reserve Bank of India – 4

4. Which of the following is true about the functions performed by RBI :

  (i) It is the Bank of Issue
  (ii) It acts as banker to the Government
 (iii) It is the banker of other banks
 (iv) It regulates the flow of credit

(a) Both (i) and (ii)
(b) Both (iii) and (iv)
(c) All the Above
(d) None of the above

Answer : (c)

Explanation : No answer description available for this question. Let us discuss.

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