Multiple Choice Questions on Which of the following is true about the functions performed by RBI i It is the Bank of Issue ii It ........... for IBPS (PO/SO) Preparation

Back to Main Page

Multiple Choice Questions

Which of the following is true about the functions performed by RBI i It is the Bank of Issue ii It ...........

Professional Legal Knowledge RBI Act
    Download Solution PDF

    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

    Both (i) and (ii)

    Incorrect Answer

    Both (iii) and (iv)

    Incorrect Answer

    All the Above

    Correct Answer

    None of the above

    Incorrect Answer
    छोटे Courses बड़े Results
    Master RBI Act
    Prepare through Micro-courses
    Try Now
    Explanation:

    The Reserve Bank of India, as the central bank of the country, functions as the sole bank with the right of issuing paper notes, it acts as banker to the Government, it is the banker to other bank and it regulates the flow of credit.

    By: santosh
    ProfileResources

    Let's Discuss

    Master
    RBI Act
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free