The Department of Currency Management has the responsibility of administering the functions of currency management, a core function of the Reserve Bank in terms of which act?

Question

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Banking Regulation Act, 1949

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Securities and Exchange Board of India Act, 1992

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Reserve Bank of India Act, 1934

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Negotiable Instruments Act, 1881

1.	The Department of Currency Management has the responsibility of administering the functions of currency management, a core function of the Reserve Bank in terms of which act?
A.	Securities and Exchange Board of India Act, 1992
B.	Reserve Bank of India Act, 1934
C.	Banking Regulation Act, 1949
D.	Negotiable Instruments Act, 1881
Answer» C. Banking Regulation Act, 1949

The Department of Currency Management has the responsibility of administering the functions of currency management, a core function of the Reserve Bank in terms of which act?

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