Which of the following is true that RBI as a banker to the government
(i) Maintaining and operating deposit accounts of Central and State Governments.
(ii) Receipt and collection of payments to the Central and State Governments.
(iii) Making payments on behalf of Central and state Governments.
(iv) Providing ways and means advances to the Central and State Governments.
A) Both (i) and (ii
B) Both (iii) and (iv)
C) All the Above
D) None of the above
Correct Answer:
Verified
Q13: Banking in India is controlled by
A)Union Finance
Q14: The objectives of monetary policy is /
Q15: Bank rate is defined as
A)Rate of interest
Q16: The Reserve Bank of India was nationalized
Q17: The Governor of RBI is appointed by
A)Board
Q18: The chairman of the Central Board of
Q19: Which of the following is true about
Q20: Which of the following is true about
Q21: The custodian of India's foreign exchange reserve
Q22: Which of the following is true about
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