State the different ways of RBI to management of public debts.
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different ways of RBI to management of public debts.
BANKER AND DEBT MANAGER TO GOVERNMENT. Managing the government's banking transactions is a key RBI role. ... The Reserve Bank of India Act, 1934 requires the Central Government to entrust the Reserve Bank with all its money, remittance, exchange and banking transactions in India and the management of its public debt.
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