GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which among the following is incorrect?
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RBI is Banker’s Bank
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RBI is the Bank of Issue
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RBI does not regulate the flow of credit
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RBI acts as Banker to the Government
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Explanation:
Detailed explanation-1: -Issuing of coins is not a function of the Central Bank.
Detailed explanation-2: -ANSWER: RBI does not regulate the flow of credit The Reserve Bank of India, as the central bank of the country, regulates the flow of credit.
There is 1 question to complete.