Identify the incorrect option as given below: 1
a. The RBI monitors the banks in actually maintaining cash balance.
b. Banks have to submit information to the RBI on income tax returns.
c. The RBI sees that the banks give loans not just to profit-making businesses and traders but also
to small cultivators
d. The RBI supervises the functioning of formal sources of loans.
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Answer:
b
Explanation:
it also supervices the function of banks....
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