Which of the following is not a function of the Reserve Bank of India?

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(b) Regulation of foreign trade — Regulation of foreign trade is not a function of the Reserve Bank of India. Monetary policy, regulation and supervision of the banking and non-banking financial institutions, regulation of money, forex and government securities markets, debt and cash management for Central and State Governments, currency management and banker to banks are some other functions of Reserve Bank of India.

Answer

(A) Regulation of currency

Answer

(C) Regulation of credit

Answer

(D) Custody and management of country’s foreign exchange reserves.

Which of the following is not a function of the Reserve Bank of India?

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