The Central Bank of India is :
(a) The Reserve Bank of India
(b) State Bank of India
(c) Union Bank
(d) None of these
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Answer:
None of these is Central Bank of India.
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Answer:
(a) The Reserve Bank of India
Explanation:
The name of the central bank of our country is Reserve bank of India. RBI has been working since 1 April 1935. It is assigned with the task of looking over the financial condition of our country.RBI looks over the monetary system of our country. RBI is doing the work of regulating the country's currency and credit systems. Reserve bank of India supervises the financial sector in India which consists of non-banking finance firms, financial institutions, commercial banks, etc.
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