GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Reserve Bank of India does not perform the role of -
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Bank of Bank
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Issue of Currency
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Bank of Government
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To accept money from public
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Explanation:
Detailed explanation-1: -Advancing loans to the public and accepting deposits from the public is not the function of the Reserve Bank of India.
Detailed explanation-2: -The RBI provides loans to scheduled banks and financial institution. 5. Thus, The RBI does not accept deposit from the public.
There is 1 question to complete.