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 4 of 11.

Ksanju said:   1 decade ago
Bankers bank is RBI & RBI is supreme.

Vivek said:   1 decade ago
Only RBI controls the rules and regulation of Indian economy.

Sathya said:   1 decade ago
RBI is the only controlling authority to all banks in INDIA.

Pramod kumar gupta said:   1 decade ago
RBI is the regulatory body of money supply of India but they does not totally care on the private sector banks you know that many private banks takes money from the market and go out from the market then public what will do every does know that private company gives more return than national bank so but government should be control on that. Thank you.

Animesh said:   1 decade ago
RBI do all central banking functions.

Arvind kumar said:   1 decade ago
The value of a commodity expressed in terms of money is known as?

Sweety said:   1 decade ago
It may be known as purchasing power of money

Sharan kamiria said:   1 decade ago
RBI is father of nationalized bank and also itself nationalized. it controls all the banks private or govt. banks.We can say that RBI is father and other banks are children of RBI. Father gives the order and sons accept its orders.

Esakki rani said:   1 decade ago
All the controls of banks been done by RBI only. It founded in 1935. RBI governor at present D. SUBBARAO. It makes all policies and regulations.

Himanshi khandelwal said:   1 decade ago
RBI is the central bank which issues the currency and founded in 1935.


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