Economy, asked by Biswa5489, 1 year ago

Many a times we read in the newspapers that Reserve Bank of India works as a banker to the Union Government of India. Apart from the Union Government, the State Government transactions are also carried out by RBI in terms of the agreement entered into with the State Governments. Which among the following states are not a party to this kind of agreement with RBI?
(A)Jammu & Kashmir
(B)Jammu & Kashmir and Sikkim
(C)Jammu & Kashmir, Sikkim and Arunachal Pradesh
(D)Sikkim & Arunachal Pradesh
(E)None of them

Answers

Answered by brainlystargirl
5
Heya....

Option B is the correct answer.....

Reserve bank of India done transactions with all the States including Union territory of Pondicherry also but in case of this...

Jammu Kashmir and Sikkhim is the exception under the article 21 A...

No formal agreement of RBI works here...
Answered by Anonymous
2
Hello Friend..❣️❣️

The answer of u r question is..✌️✌️

✨Option.B✨

✔️✔️many a times we read newspapers the Reserve Bank of India the union government of India apart from the union government the state government transactions are also carried by RBI in terms of this agreement entered into the state government Jammu and Kashmir and Sikkim States are not a party to this kind of agreement with RBI✔️✔️

Thank you..⭐️⭐️
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