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प्रश्न
As the Banker to the Bank, Reserve Bank of India performs all functions except ______.
विकल्प
Purchase and sale of securities on behalf of general public
Maintaining current account for Commercial Banks
Clearing and settlement of Interbank transactions
Facilitating governmental transactions
MCQ
रिक्त स्थान भरें
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उत्तर
As the Banker to the Bank, Reserve Bank of India performs all functions except maintaining current account for Commercial Banks.
Explanation:
The RBI serves as the banker to the bank and conducts the following functions:
- Securities are purchased and sold on behalf of the public.
- Accounting for the Central Government.
- Interbank transactions are cleared and settled.
- Optimizing Government transactions.
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