Solved UPSC CDS/OTA Question
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Q · RBI and Its PoliciesMedium · 45s
With reference to the functions of the RBI, which of the following are correct? 1. It acts as the banker to the Government of India. 2. It issues and manages the entire currency in India. 3. It supervises and regulates the entire stock market in India.
TopicRBI and Its Policies
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
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The RBI does not regulate the stock market. SEBI is responsible for regulating the stock market.
Final Answer: Option A — 1 and 2 only