14. Identify the incorrect option
a. Commercial Banks make use of the deposits to meet the loan requirements of the
people.
b. People's money is safe with the banks and it earns an amount of interest.
C. The Reserve Bank of India supervises the functioning of formal sources of loans,
d. The Central government issues currency notes on behalf of the Reserve Bank of India.
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Answer:
d)
Explanation:
The Central government issues currency notes on behalf of the Reserve Bank of India.
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