RBI and Its Policies · UPSC CDS/OTA · Question 18 of 30

RBI and Its Policies – Question 18

Step-by-step solution. RBI and Its Policies for UPSC CDS/OTA.

Topic
RBI and Its Policies
Subject
General Studies
Difficulty
Medium
Solve Time
45–60 sec

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Q · RBI and Its PoliciesMedium · 45s

Which Act governs the functioning of the RBI?

TopicRBI and Its Policies
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

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RBI functions under the Reserve Bank of India Act, 1934.

Final Answer: Option B — RBI Act, 1934
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RBI and Its Policies Question 18 – UPSC CDS/OTA