General Knowledge - Indian Economy - Discussion

Discussion Forum : Indian Economy - Indian Economy (Q.No. 1)
1.

The central banking functions in India are performed by the

  1. Central Bank of India
  2. Reserve Bank of India
  3. State Bank of India
  4. Punjab National Bank

I, II
II
I
II, III
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
102 comments Page 10 of 11.

Skab rauf said:   9 years ago
RBI is the banker of the banks which is the apex institution regulating all functions in the country.

Venkat said:   8 years ago
Supreme Bank of India is RBI and all the decisions and monitory policies will decided by the one only.

Ashok kalo said:   8 years ago
What is the monetary policy? anybody answer it?
(2)

Sanjay Yadav said:   8 years ago
Yes, RBI is the central bank of India.

Vivek chhetri said:   8 years ago
RBI is the head office of all banks.

Manjunath g Wali said:   8 years ago
RBI is the constitutional body established in the year 1934 as a watchingdig of financial system in the country and it is the banker if all the banks in the country.

C.Jayaramakrishnan said:   7 years ago
Which is the correct answer? Please tell me.
(1)

Nima Thendup Bhutia said:   7 years ago
Reserve Bank of India.

Raghav said:   7 years ago
Monterey authority and liability rights are with RBI. So known as bankers bank. Therefore RBI is the central bank too.
(1)

Subhash said:   6 years ago
APEX means?
(3)


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