Question

The Reserve Bank of India (RBI) acts as a bankers bank. This would imply which of the following?a. Other banks retain their deposits with the RBI.b. The RBI lends funds to the commercial banks in times of need.c. The RBI advises the commercial banks on monetary matters.Select the correct answer using the codes given below:a. 2 and 3 onlyb. 1 and 2 onlyc. 1 and 3 onlyd. 1, 2 and 3

Answer 1

hey mate........the answer is

(b) 2 and 1 only

Answer 2

Holla


Correct option is c). 1 and 3 only


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