RBI Grade B Officers 2011 feb Paper

Question : 31 of 209

Marks: +1, -0

Which of the following is NOT a major function of the RBI in India ?

Issuance of currency notes
To facilitate external trade and payment and developing a foreign exchange market in India
Maintaining price stability and ensuring adequate flow of credi t to productive sectors
Taking loans/credit from World Bank/IMF and ADB etc. and reallocating it for various activities decided by the Govt. of India
Formulation and monitoring the monetary and credit policy

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