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which of the following is not a function of the re
Question:
Which of the following is not a function of the Reserve Bank of India?
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Commercial banking services like deposits and loans are provided by scheduled commercial banks, not the RBI.
UP Board XII - 2024
UP Board XII
Updated On:
Nov 5, 2025
Functions of Commercial Bank
Credit Control
Government's Bank
Determination of Monetary Policy
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The Correct Option is
A
Solution and Explanation
The Reserve Bank of India primarily functions as the central bank of the country, managing monetary policy, currency issuance, and credit control, but it does not directly act as a commercial bank.
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