Which of the following is not the function of the RBI?
(a) Banker’s Bank
(b) Controller of credit
(c) Custodian of Foreign Exchange Reserve
(d) Allotting money directly to farm
ers for agricultural development
Answers
Answered by
6
Answer:
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 ...
Explanation:
B, Controller of credit
Answered by
1
answer d i think
i hope my answer is useful and right
Similar questions