Money and banking

Indian Economic System

Title

45:30

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Indian Economy - Understanding the basics of Indian economic system

Which among the following is/are considered as the asset of Reserve Bank of India (RBI)?

1. Loan given to the banks

2. Bankers deposit to RBI

3. Government Securities

Select the correct answer using the code given below:

1 and 2 only

2 only

1 and 3 only

2 and 3 only

1 and 3 only

As per the RBI Act, the only liability of the Issue Department is 'Notes in Circulation'.
The assets of the Issue Department comprise broadly, gold coins and bullion, rupee coins, rupee securities and foreign securities.