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 2 of 11.

Rakesh Shukla said:   1 decade ago
Reserve bank of India perform regulation of banking field so absolutely RBI is central banking'.

Umesh singh said:   1 decade ago
RBI founded in 1935

ABHI &PRAVIN said:   1 decade ago
RBI GOVERNOR AT PRESENT D.SUBBA RAO (As of now 31/03/2011)

MANOWAR HOSSAIN(IIBS) said:   1 decade ago
ITS REALLY TRUE....RBI HAVE CONTROL OVERALL INDIAN BANK

Mandeep phalswal said:   1 decade ago
One rupee note does not have governer sign.

Bhawsar said:   1 decade ago
RBI have control overall Indian Bank

Sankar kumar said:   1 decade ago
One rupee note have sign of finance minister.

PRATIVA DAS said:   1 decade ago
RBI REGULATES ALL THE BANKS OF INDIA AND ALL D BANKS OBEY RBI'S MADE RULES.

Abdulmajeed Kadooran - Areacod said:   1 decade ago
In India RBI is the central bank. RBI is the apex of the banking structure of India. RBI performs the functions of central bank like

i) Issuing of currency
ii) Act as bankers bank
iii) Act as banker, agent and advisor to government etc.

SHYAMAL said:   1 decade ago
RBI does not only regulate the rules for all nationalised banks but also it leads India infront of other countries. This is the bank which transacts with the foriegn behalf of India govt.


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