Question : Which of the following is a function of the Reserve Bank of India (RBI)?
Option 1: Regulating the stock market
Option 2: Controlling inflation and monetary policy
Option 3: Issuing government bonds
Option 4: Regulating mutual funds
Correct Answer: Controlling inflation and monetary policy
Solution : The correct answer is (b) Controlling inflation and monetary policy.
The Reserve Bank of India (RBI) is the central bank of India. It is responsible for managing the country's monetary policy, which includes controlling inflation. The RBI also regulates the banking system and the financial markets.
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Question : Which of the following is not a function of the Reserve Bank of India?
Option 1: Controlling inflation
Option 2: Regulating foreign exchange
Option 3: Issuing currency notes
Option 4: Regulating the stock market
Option 1: Formulating monetary policy
Option 2: Issuing currency notes
Option 3: Regulating and supervising the functioning of banks
Option 4: All of the above
Question : Which of the following is not a function of the Reserve Bank of India (RBI)?
Option 1: Issuing currency notes
Option 2: Regulating the banking system
Option 3: Regulating the securities market
Option 4: Managing the foreign exchange reserves of India
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