Which of the following is not a function of the RBI?
(1) Issue of currency
(2) Conducting monetary policy
(3) Accepting deposits from the public (4) Lender of last resort for the bank:
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The main functions of RBI: RBI controls the credit operations of banks through quantitative and qualitative tools, holds the cash reserves of all the scheduled banks, controls the banking system through the system of licensing, inspection and calling for information, acts as the lender of the last resort by providing ...
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