Which of the following statement does not support with the function of RBI as supervisor to the commercial banks?
Which of the following statement does not support with the function of RBI as supervisor to the commercial banks?
(a) Regulates the expansion, merger, acquisition, etc. of the bank
(b) Formulates all rules and regulations for commercial bank
(c) Extend loans to the commercial bank
(d) Inspection of operations of banks
Anurag Pathak Changed status to publish January 5, 2024
Ans – (c)
Explanation:-
Extending loans to the commercial bank does not come under the supervisor function of the RBI.
Extending loans to the commercial bank comes under the credit controlling function of the central bank.
Anurag Pathak Changed status to publish January 5, 2024
