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Which of the following is not a function of RBI? - Business Studies

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Question

Which of the following is not a function of RBI?

Options

  • Issues of currency

  • Manager of Foreign Exchange

  • Regulators and supervisor of the financial system

  • Depository Participants

MCQ
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Solution

Depository Participants

Explanation:

Depository participants are regulated by SEBI, not RBI.

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Chapter 22: Business Regulators and Intermediaries - EXERCISES [Page 306]

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Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 22 Business Regulators and Intermediaries
EXERCISES | Q I. A. 1. | Page 306
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