The Reserve Bank of India (RBI) acts as a banker’s bank. This would – McqOptions

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1.	The Reserve Bank of India (RBI) acts as a banker’s bank. This would imply which of the following ?1. Other banks retain their deposits with RBI2. The RBI lends funds to the commercial banks in times of need3. The RBI advises commercial banks on monetary mattersSelect the correct answer using the code given below :
A.	2 and 3 only
B.	1 and 2 only
C.	1 and 3 only
D.	1, 2 and 3
Answer» E.

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