Thursday , March 22 2018

Reserve Bank of India – 7

7. Which of the following is not a function / power of Reserve Bank of India ?

(a) To assume the responsibility of 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 assume responsibility of all banking operations of the government
(d) To assume the responsibility of statistical analysis of data related to macro economy of India

Answer : (d)

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

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