

MCQOPTIONS
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1. |
Which is not a function of RBI ? |
A. | Holding cash reserves of all commercial banks and make available financial accommodation to them |
B. | Assuming responsibility of all banking operations of the government |
C. | Assuming the responsibility of the statistical analysis of data related to macro economy of India |
D. | Assuming the responsibility to meet directly or indirectly all reasonable demands for the accommodation. |
Answer» D. Assuming the responsibility to meet directly or indirectly all reasonable demands for the accommodation. | |