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Questions and Answers
Which of the following is a major function of RBI?
Which of the following is a major function of RBI?
- Conducting monetary policy (correct)
- Regulating telecommunications industry
- Overseeing environmental regulations
- Managing transportation infrastructure
What does RBI stand for?
What does RBI stand for?
- Real Business Intelligence
- Retail Banking Institution
- Rapid Business Innovation
- Reserve Bank of India (correct)
What is the primary responsibility of RBI in relation to commercial banks?
What is the primary responsibility of RBI in relation to commercial banks?
- Setting up their IT systems
- Supervising and regulating them (correct)
- Auditing their marketing strategies
- Issuing driving licenses to bank employees
