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Which of the following is not a function of RBI?
- a)Branch licenses and expansion
- b)Supervision of assets and liabilities
- c)Reconstruction and liquidity
- d)None of the above
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Which of the following is not a function of RBI?a)Branch licenses and ...
RBI has a set of supervisory functions too.
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Most Upvoted Answer
Which of the following is not a function of RBI?a)Branch licenses and ...
Function of RBI
The Reserve Bank of India (RBI) is the central bank of India and is responsible for formulating and implementing monetary policy in India. Its main function is to maintain price stability and ensure adequate flow of credit to productive sectors of the economy. Some of the functions of RBI are:
• Monetary policy formulation and implementation
• Regulation and supervision of the financial system
• Issuance of currency notes and coins
• Management of foreign exchange reserves
• Development and regulation of the payment and settlement systems
• Financial inclusion and development
• Data collection and analysis
• Research and analysis
Answer:
Thus, option D - None of the above, is the correct answer as all the other options are functions of RBI.
The Reserve Bank of India (RBI) is the central bank of India and is responsible for formulating and implementing monetary policy in India. Its main function is to maintain price stability and ensure adequate flow of credit to productive sectors of the economy. Some of the functions of RBI are:
• Monetary policy formulation and implementation
• Regulation and supervision of the financial system
• Issuance of currency notes and coins
• Management of foreign exchange reserves
• Development and regulation of the payment and settlement systems
• Financial inclusion and development
• Data collection and analysis
• Research and analysis
Answer:
Thus, option D - None of the above, is the correct answer as all the other options are functions of RBI.
Community Answer
Which of the following is not a function of RBI?a)Branch licenses and ...
None of the above
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Which of the following is not a function of RBI?a)Branch licenses and expansionb)Supervision of assets and liabilitiesc)Reconstruction and liquidityd)None of the aboveCorrect answer is option 'D'. Can you explain this answer?
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Which of the following is not a function of RBI?a)Branch licenses and expansionb)Supervision of assets and liabilitiesc)Reconstruction and liquidityd)None of the aboveCorrect answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following is not a function of RBI?a)Branch licenses and expansionb)Supervision of assets and liabilitiesc)Reconstruction and liquidityd)None of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is not a function of RBI?a)Branch licenses and expansionb)Supervision of assets and liabilitiesc)Reconstruction and liquidityd)None of the aboveCorrect answer is option 'D'. Can you explain this answer?.
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