Question

Consider the following functions:
1. Issue of bank notes of all denominations.
2. Lender of the last resort
3. Underwrite the loans of state and central governments.
4. Periodic inspection of commercial banks
Which of the above are functions of the Reserve Bank of India?

• A. 1, 2 and 4
• B. 1 and 4
• C. 1,2, 3 and 4
• D. 1 and 3

Answer 1

The correct option is A

1, 2 and 4

Option : (A)