Which of the following is NOT a function of the RBI?

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Question: Which of the following is NOT a function of the RBI?

Options:

Correct Answer: Issuing government bonds

Solution:

While the RBI regulates banks and manages foreign exchange reserves, issuing government bonds is typically the responsibility of the government.

Which of the following is NOT a function of the RBI?

Which of the following is NOT a function of the RBI?

Step 1: Understand what the RBI (Reserve Bank of India) does. The RBI is the central bank of India and has several important functions.
Step 2: Identify the functions of the RBI. These include regulating banks, managing foreign exchange reserves, and controlling monetary policy.
Step 3: Recognize that issuing government bonds is not a function of the RBI. This task is usually handled by the government itself.
Step 4: Conclude that the correct answer to the question is the function that is NOT performed by the RBI, which is issuing government bonds.

No concepts available.