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Question

of RBI Act gives powers to government to issue instructions to governor on certain issues

A
Section 4
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B
Section 7
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C
Section 8
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Solution

The correct option is B Section 7
Section 7 in The Reserve Bank of India Act, 1934 says the Central Government may from time to time give such directions to the Bank as it may, after consultation with the Governor of the Bank, consider necessary in the public interest.

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