Banking General Awareness Reserve Bank of India Question Bank Practice Questions - Reserve Bank of India - Structure and Functions

  • question_answer
    Which of the following are the main functions of the Reserve Bank of India?

    A)  Granding licenses to commercial banks for opening branches in rural areas

    B)  Accepting deposits from the public

    C)  Regulating foreign exchange business

    D)  Acting as note issuing authority/ bankers' bank and banker to the government

    E)  None of the above

    Correct Answer: D


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