2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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PUNJAB NATIONAL BANK
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ICICI BANK
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RBI
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SBI
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Detailed explanation-1: -The Reserve Bank of India is the central bank of the country.
Detailed explanation-2: -The Reserve Bank of India is the central bank of the country.
Detailed explanation-3: -Reserve Bank of India (RBI) is India’s central bank. It controls the monetary policy concerning the national currency, the Indian rupee. The basic functions of the RBI are the issuance of currency, to sustain monetary stability in India, to operate the currency, and maintain the country’s credit system.
Detailed explanation-4: -A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system.
Detailed explanation-5: -RBI (Reserve Bank of India) is the Central Bank of the country.