MCQOPTIONS
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| 1. |
Which of the following statement is incorrect |
| A. | Every country has only one central which is managed by government officials |
| B. | RBI is a profit making institution acting in the interest of government |
| C. | RBI does not perform any ordinary commercial banking functions |
| D. | RBI has adopted minimum reserve system of note issue |
| Answer» C. RBI does not perform any ordinary commercial banking functions | |