Question : Which of the following is not a function of the RBI?
Option 1: Issuing currency notes
Option 2: Regulating the banking system
Option 3: Conducting monetary policy
Option 4: Regulating the stock market
Correct Answer: Regulating the stock market
Solution : The correct answer is (d) Regulating the stock market.
Regulating the stock market is not a function of the Reserve Bank of India (RBI). The RBI's primary functions include issuing currency notes, regulating the banking system, and conducting monetary policy. It is responsible for maintaining price stability, controlling inflation, and managing the overall monetary and financial stability of the country. The regulation of the stock market falls under the jurisdiction of the Securities and Exchange Board of India (SEBI), which is an independent regulatory body specifically established for this purpose. Therefore, option d. Regulating the stock market is not a function of the RBI.
Option 1: Regulating the banking system
Option 2: Conducting monetary policy
Option 3: Issuing currency notes
Question : Which of the following is not a function of the Reserve Bank of India (RBI)?
Option 3: Regulating the securities market
Option 4: Managing the foreign exchange reserves of India
Question : Which of the following is a function of a non-banking financial company (NBFC)?
Option 2: Accepting deposits from the public
Option 3: Managing the foreign exchange reserves of India
Option 4: None of the above
Question : Which of the following is not a function of a stock exchange?
Option 1: Facilitating trading of securities
Option 2: Ensuring fair and transparent transactions
Option 3: Regulating the banking sector
Option 4: Providing liquidity to investors
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