Which of the following is not a function of the Reserve Bank of India?
Which of the following is not a function of the Reserve Bank of India?
(a) Issue of Currency
(b) Banker to the public
(c) Banker to the Government
(d) Controller of Money Supply
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Ans – (b)
Explanation:-
RBI does not deal with the public. Thus It is not the banker to the public.
It only deals with financial institutions and government.
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