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 3 of 11.

SAGER said:   1 decade ago
RBI is father of bank, control banking adminstration.

Kunal Rana said:   1 decade ago
In order to prevent the Centralization of the equity shares in the hands of a few people, the Reserve Bank of India was established on January 1, 1949.

Madhusudan rana said:   1 decade ago
At the time of inflation RBI plays a vital role, i.e., [open market operation].

Nandhini said:   1 decade ago
RBI is controlling the regulation of the other bank's.

Rajitha said:   1 decade ago
Yea RBBI is Bankers Bank.

Arshinandhu said:   1 decade ago
RBI is the central processor of all banks in india.

Nikita Bansal said:   1 decade ago
RBI regulates the all banks in India. Its have a authorities to make rules and regulations.

Jetendra panwar said:   1 decade ago
Yes RBI is central bank of India it is slected the all bank rule in India.

Nanthini-BBA said:   1 decade ago
RBI is apex for all bank sectors.

Hrishikesh Goswami said:   1 decade ago
RBI is the supreme institution in India which has all the regulatory authority.


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