Which of the following is not a function of the Reserve Bank of India?

Accepting deposits and providing loans

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Controlling credit

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Printing money

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Lending loans to banks

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Accepting deposits and providing loans
The functions of the Reserve Bank of India include:
1. Printing currency notes
2. Acting as the bankers' bank
3. Acting as the government's bank
4. Controlling credit

Suggest Corrections