Functions of the RBI

Q.  Which of the following is true about the functions performed by RBI?

(i) It is the Bank of Issue
(ii) It acts as banker to the Government
(iii) It is the banker of other banks
(iv) It regulates the flow of credit
- Published on 16 Feb 17

a. Both (i) and (ii)
b. Both (iii) and (iv)
c. All the above
d. None of the above

ANSWER: All the above
 
The Reserve Bank of India, as the central bank of the country, functions mainly as -
  • Issuer of Currency Notes
  • Banker to other Banks
  • Banker to The Government
  • Exchange Rate Management
  • Controller of Credit
  • Supervisory Function

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