CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Functions of the Central Bank

Which of the ...

Question

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

A

Acting as banker to the Government

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

B

Keeping of Foreign Exchange Reserve

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

C

Issuing of coins

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

D

Regulating credit in the country

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

Open in App

Solution

The correct option is C
Issuing of coins

Issuing of coins is not a function of the Central Bank.

Suggest Corrections

thumbs-up

5

Similar questions

Q. The Reserve Bank of India issues notes and coins on behalf of the state banks.

Q. The Reserve Bank of India issues coins and notes of various denominations. At present RBI does not issue coins of which of the following denominations?

Q. Which one of the following methods is being adopted by the Reserve Bank of India to neutralise the impact of increasing foreign exchange reserves on inflation in India?

Q. The Reserve Bank of India issues currency notes and coins in India.

Q. Which one of the following is the custodian of Foreign Exchange Reserve of the Indian Government?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Functions of the Central Bank

ECONOMICS

Watch in App

explore_more_icon

Explore more

Functions of the Central Bank

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon