B Com Exam  >  B Com Questions  >  What is the main function of the Reserve Bank... Start Learning for Free
What is the main function of the Reserve Bank of India?
  • a)
    Formulating and implementing monetary policy
  • b)
    Regulating and supervising the financial system
  • c)
    Managing foreign exchange
  • d)
    All of the above
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is the main function of the Reserve Bank of India?a)Formulating a...
The main function of the Reserve Bank of India (RBI) is to formulate and implement monetary policy, regulate and supervise the financial system, and manage foreign exchange. The RBI plays a crucial role in maintaining price stability, ensuring adequate flow of credit, protecting depositors' interests, and promoting the development of the financial system. It acts as the banker to the government and provides various banking services to commercial banks. Overall, the RBI plays a vital role in the Indian economy.
Explore Courses for B Com exam
What is the main function of the Reserve Bank of India?a)Formulating and implementing monetary policyb)Regulating and supervising the financial systemc)Managing foreign exchanged)All of the aboveCorrect answer is option 'D'. Can you explain this answer?
Question Description
What is the main function of the Reserve Bank of India?a)Formulating and implementing monetary policyb)Regulating and supervising the financial systemc)Managing foreign exchanged)All of the aboveCorrect answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the main function of the Reserve Bank of India?a)Formulating and implementing monetary policyb)Regulating and supervising the financial systemc)Managing foreign exchanged)All of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the main function of the Reserve Bank of India?a)Formulating and implementing monetary policyb)Regulating and supervising the financial systemc)Managing foreign exchanged)All of the aboveCorrect answer is option 'D'. Can you explain this answer?.
Solutions for What is the main function of the Reserve Bank of India?a)Formulating and implementing monetary policyb)Regulating and supervising the financial systemc)Managing foreign exchanged)All of the aboveCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of What is the main function of the Reserve Bank of India?a)Formulating and implementing monetary policyb)Regulating and supervising the financial systemc)Managing foreign exchanged)All of the aboveCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What is the main function of the Reserve Bank of India?a)Formulating and implementing monetary policyb)Regulating and supervising the financial systemc)Managing foreign exchanged)All of the aboveCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for What is the main function of the Reserve Bank of India?a)Formulating and implementing monetary policyb)Regulating and supervising the financial systemc)Managing foreign exchanged)All of the aboveCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of What is the main function of the Reserve Bank of India?a)Formulating and implementing monetary policyb)Regulating and supervising the financial systemc)Managing foreign exchanged)All of the aboveCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What is the main function of the Reserve Bank of India?a)Formulating and implementing monetary policyb)Regulating and supervising the financial systemc)Managing foreign exchanged)All of the aboveCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice B Com tests.
Explore Courses for B Com exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev